imo, folks are tuned into the cots, where as of the 3rd the commercials were heavily short, not an extreme, i think its time for a surprise. miners the most hated sector in the universe. any contrarians here???? we are at a critical juncture here, as gismeau and smithy have pointed out.
this is the gann guys take from today, its a new piece http://www.gannglobal.com/webinar/2017/11/17-11-13-Video-2-Offer-Is-Open-GGF.php?inf_contact_key=060dd2c04e0e0147cdc0c46407003e79ceb0b88be78868f7fc6e0e871764672f i dont know if we take out the dec 15th lows or not , , my hit is no but i am open. it seems to me the market participants are well beaten up and dejected, but w/this sector one more demoralizing bash has been in the cards.
if there is no interest in the gann guy i will not post his series that he is going to post this week
all i can say is this sector is hated out of favor and extremely undervalued. homers will be hit here. stay tuned
dharma