Ok, I’m just starting to resurface from a couple of difficult
weeks.
I left off with an FRA podcast 2 weeks ago.
This is when Gold topped against Bitcoin, Gold hit the magic decade fib against the Spoo and Dollar Yen hit its major resistance level.
The entire board has flipped with risk models turned up.
Now what? Yen 149.50-150 shod prove a massive wall the other
way.
Use today’s low in the Gold as a short term barometer.
Uranium…use a trailing stop below unchanged on the year.
I’ve little interest in chasing today’s rally at the end of day regardless if the indices move higher into tomorrow.
Be patient, you’ll get your opportunities. The attached charts have pretty much fulfilled their rebounds.
I’ll write when I’ve the energy, otherwise I’ll be in the room closer to the NYSE opening and stick around for the first wiggle.