maybe, but remember when something finally sells off from a
parabolic condition the correction can be quite fierce and long.
Think of Silver in 2011, Bitcoin recently, the SPX in Jan
2018 last year. Those pullbacks were not quick few day
events. I'd say be picky on buy signals with stops and be willing
to take profits right away
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Update: Palladium follow up
Palladium follow up
Posted by matt on 28th of Mar 2019 at 10:09 am
PALL - Chart Link- and another BIG follow through to the downside on Palladium DOWN another 5%!!
again after a parabolic move, the correction can be very hard, best to not take profits too quickly and let run a bit
Could be time to look
Posted by EdZ on 28th of Mar 2019 at 10:24 am
Could be time to look for a long setup now.
maybe, but remember when something
Posted by matt on 28th of Mar 2019 at 10:25 am
maybe, but remember when something finally sells off from a parabolic condition the correction can be quite fierce and long. Think of Silver in 2011, Bitcoin recently, the SPX in Jan 2018 last year. Those pullbacks were not quick few day events. I'd say be picky on buy signals with stops and be willing to take profits right away