Mining Sector Ideas

[gfp927z]

Bigworld, Looking at the Vix related plays, it's hard to figure out where they may be heading in the very near term. Does the market get an oversold bounce yet, or more downside tomorrow? The potential is certainly there for another big drop tomorrow going into the close, unless the PPT / Fed steps in, or something happens to improve the current dire narrative.

The sidelines seems like the place to be for a while. I may wait until early May to see what Buffett is doing with all that cash, though that's still ~ 4 weeks away. What could reverse things would be an 'about face' by Trump on the tariffs, but that looks extremely unlikely. So the market just continues down (?)

Chart-wise, once 5400 is broken (S+P 500), then the downside target levels should be 5200 and then 5000. The 20% 'bear market' level is around 4900, so that seems like an eventual target to watch. For trading signals, I have the various levels for the main indices calculated on my Market Timing board in the I-Box section (link below) -


https://investorshub.advfn.com/Market-Timing-41300




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