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Precious Metals
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WHAT is happening HERE and NOW The last three instances ( in GREEN Ellipses), that my Asia Minor Index has doubled in less than a half week, the GDX has responded with a scorching rally ( all the TA detractors dont read the rest of this post, leave now) . OK now that they are gone, we can get down to biz. The current double in this CK inspired index is shown in RED. As I said this is for TA fans only. So don't bother those other guys, I am sure they dont want to know anyway. Now here are the units in my index that are above their 50 MA, and if you look at the charts, some of them are break outs to the upside, others have been there. From Wed to Fri, in my surveys I count 60+ breakouts the the upside in the Jr's, and Mid's, not counting the Metal Proxy Stocks. Make up your own mind. I think we might be exiting this Purgatory / Limbo stage. If we exit to the upside, I suspect some of my P & F upside targets for the GDX, in the 30's will be satisfied. R.I.P. J. Rothschild. |
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Msg # | Subject | Author | Recs | Date Posted |
193339 | Re: WHAT is happening HERE and NOW | eagle76 | 1 | 11/18/2017 4:41:27 PM |