3309 Drysdale Ct
Edwardsville, IL 62025
Full moon Gold looks to be playing out so far. We'd need
to see continued weakness on the indices throughout the day keeping
GLD afloat and maybe even green for the day. This would be
followed by new market highs on Monday and metals to take a big
third leg lower. Then full moon turn around Tuesday and you
can figure out the rest. If metals hold up today I'm planning
on taking SLV and GLD short positions for Monday.
Deep, I'm a little unsure of your meaning. By "turnaround
Tuesday", you are suggesting that the markets will reverse
down from Monday's new highs, and the metals will reverse up? I
doubt that's what you meant to suggest, but can you clarify?
That's what i was thinking but pretty much as soon as I posted
everything started going the other way (intra day any way)... looks
like we'll have to wait it out until the Greed index gets into nose
bleed territory before the metals reverse.
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