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JAY_c5velm
Jul 7, 2022 9:29 PM

The Death of the Shorts. Long

VanEck Junior Gold Miners ETFArca

Description

New cycle up is here in the sector.
Major important bottom and miners will again move up for weeks.
Acording to what i expect also for gold.
A top will be around 45$ filling the gap there at the end of August, but could be extended in time to mid september also.

So don´t short or you´ll find your Death in Las Vegas, gamblers...


youtube.com/watch?v=8UvQvOFRS9o

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Good news is that the final gap from 2020 March has been fillen.
So al that is perfect and cleared.
That is a good and great signal, because there is no reason for miners to come to this level again.
Bullish weeks ahead. More than gold

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Long.... but as slow as it is going, targets should change a bit.
up from 36.00$ before 8th August.

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Bull. No changes
A gap back from the 18th July at 30,09$ filled today. Good.

Comment

A small gap at 32$ that "must" be visited back in the future. Next week should be bullish in the sector. The minimun target is 36$ but it could rise up to 37,5$. Then lets see. Weekly should still be bullish, and with that in mind, exits and entering could be interesting, because new highs are guaranted, after next week. So the risk is in the short side, though I could possible do it for a day or two and with a low target of profits in mind. The secure play is exit and entering again long.

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No changes about targets, just ot could some more days, but I expect we get there next week.
BULL. Gap at 32..almost filled.

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Filled....32,20$ to the penny.
Now...hacia arriba tan rápido como puedas. Pista libre.

Comment

No changes. Move goes up at its pace. But up.

Comment

The idea is not going as i expected. The move up will continue but a t a lower pace. Time target is mosthly the same: second half of september.
I have posted a new idea
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