No doubt short term T/A is overbought. There is more downside left POG support below $600. However don't get shook out, long term trend has NOT been broken, weak hands are running for the exits. I wouldn't have the guts to short this sector right now! I'd feel more comfortable buying this dip.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.