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Vandalayind

08/29/19 10:56 AM

#288970 RE: monoatomicgold #288968

Sill bigly Red volume candles...tiny little green ones.

SPY 50 SMA now headed on a downward trajectory (all the way out to the 3 yr chart). Price has never moved inverse to the MA. Do or die the next few sesh's.

Price currently below 50 on the 1yr chart. Needs a miracle, and volume saying currently unlikely.

Longer term trade plan...as of right now.

Big money could be accumulating on those big red bars, but gold and bonds saying otherwise.
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Stingray

08/29/19 2:33 PM

#289009 RE: monoatomicgold #288968

"...But it was very strong this time."

The stronger the bearish sentiment, the stronger the ensuing rally!