so far I am liking the scenario I outlined for one more thrust down in the miners for at least a good trading low (bulls eye so far) and "perhaps" something much more important. I view a lot of the charts as massive base building going all the way back to late 2013, with final lows being put in place in late 2015 early 2016 in GDX/HUI etc. I don't think we are going to test the late 2016 lows but as of yet can't rule that out the next few months. about 40% long now
and CRB just keep "third wavin" norte now at 190.50 up another 1.12 so far today, and da beat goes on........
BSing away
Senor
The fact that gold did not make new lows when the dollar index made new highs is a positive divergence and today the dollar appears to be putting in a double top, one more blast up on gdx and it should take off....
Edited by Russ, 06 November 2017 - 01:41 PM.
