there is no change, still looks the same - I'm still long with a
tight stop, could probably raise it to 160 now on GLD, though I
hold some calls instead, but yeah still looks like it could
breakout of the coil
No changes on the GLD pattern - energy is building. Under
the bullish view it should break hard soon (bearish view simply
shift wave (a) to the first bounce)
Matt - Any updated thoughts
Posted by shecar on 13th of May 2020 at 04:04 pm
Matt - Any updated thoughts on the GLD triangle/waves?
there is no change, still
Posted by matt on 13th of May 2020 at 04:10 pm
there is no change, still looks the same - I'm still long with a tight stop, could probably raise it to 160 now on GLD, though I hold some calls instead, but yeah still looks like it could breakout of the coil
No changes on the GLD
Posted by steve on 13th of May 2020 at 04:08 pm
No changes on the GLD pattern - energy is building. Under the bullish view it should break hard soon (bearish view simply shift wave (a) to the first bounce)
GDX bounced near its rising
Posted by steve on 13th of May 2020 at 04:10 pm
GDX bounced near its rising 20 day MA - ideally one more push up in the wedge
GLD looks like it finally
Posted by ssaffer on 13th of May 2020 at 04:10 pm
GLD looks like it finally could be decoupling from the Market.