thanks for the charts markets barely up as of now. IMO we don't see much to the down side until we get maybe a week int August. As for the GDX it should see a considerable drop IMO Gold and silver need arest which would allow PM stocks to pull back. Then when we get the major markets dropping all stocks should pull back and PM's will fall more. But when the PM stcks reach their bottom they will ralley way past where they are now. Even if major markets are still dropping.
yep 81 here now and a little breeze so air is still off.
AUMN droped some more went lower than yesterday. I am wondering where its bottom will be. If it dodn't have that deep gap I'd think it might be here, but that would not coincide with the PM market drop I see coming
Another date day and no movie. They are still closed. I do need to get to a farm suply store. The Japaneese beetles are damaging my bald cypress trees. I have bug bags up but coon are ripping them so I need some traps.
SPX stop loss hunting continues. The Cypher pattern hit target, but the market makers are obviously accumulating shares right now.
Breakout traders trading breakouts above the resistance or break downs below the resistance are in a losing game this time.
The red and green arrows are places where you would look to go long or short and you can see that as soon as they give a break out one way or the other, they instantly reverse it and go for the stops at the blue lines.
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