senor- yes i saw that , what was interesting to me also was miners made a new low vs gold but didnt make a new low vs spx. at some point the market participants will catch a clue. unlike jan 16 after 4 years of bear market. my guess is they bid sooner. participants in the sector have been so used to getting seal clubbed that they run for cover , when the bidding starts they may have to pay up. at this point there are more bidders on stocks then sellers. the bidders though are not willing to pay up-----yet
in weimar stocks went up until the inflation got really bad we have little inflation at this point. so i think we are in wave 4of 3 here . w/5of 3 to come. then wave 4 and 5 so i think this correction is not the top finito.
the pm sector is still in its correction. but as in january 16 , i think the sector is getting ready to rip to the upside once this correction runs its course. unless the dec lows are taken out. its a possibility not a probability so, i am becoming more and more bullish.
powell has taken over the fed chair. my guess is we will get a glimpse of his intent at the next fed meeting. he was hand picked by trump and was voted in on a landslide
waiting
dharma
