Interesting, I'll give this idea a try. Thanks for sharing.
pantheo
⋅
Thank you my friend, its only about fine tuning trades between metals and relevant stock miners.
IvanLabrie
⋅
Ah, I see.
Well, in any event, it seems that miners have bottomed, in the monthly chart.
pantheo
⋅
Looks so for the time being, but there patterns pointing at 85-90 in HUI as the worst case scenario. Sentiment in miners uplifted quickly in the overheated area, so strong down movement to throw the weak hands out should be expected. Somehow now TV doesn't uploading my charts. Once it will be on again will share again.
IvanLabrie
⋅
I agree, some flushing of weak longs is in order.
pantheo
⋅
Lot of excitement in the goldbugs world right now. Not good, especially after a 30%+rally in some juniors. I suspect we'll have one more strong down flush, as you said, to throw in the towels...