Ratio:Miners index, priced in small capsNotice how Gold is moving inversely from HUI
-priced in small cap miners ETF- since Jan 2013.
My view is it pays at the time being to be in
well financed, little debt small company stocks.
Ratio currently at the lower boundary of possible
megaphone pattern, right below of the non confirmed
yet H&S's neckline. All eyes in yellow box, wick tail of
June 16th area, for a possible break, or failed break.
Big money are being made on big failed patterns.
So far, ratio follows the path of a possible bullish Butterfly.
Kumo (not shown) just turn red for the first time since
Dec 2010
All the best
P
