should we buy in the current market uptrend..?
Attempting another pay day on AUMN, other stocks to buy here are CDE, AU, GPL etc..long GDX but its long shot right there is not confirmation and short term we are against the grain. The problem is if i don't go in now, i'll miss most of profits and starts to bounce, this moves fast....nice trade for 2015 overall we will see.
IWM vs Sp500 seems to be a good tool so far
white lines (first chart) are option expiry dates, lower fibo cluster on second chart in sync with it...calling for a further move down although very short term (week) seems to offer some relief, but do not be fooled might resume downtrend quickly. added to the fact tht monthly chart for indices moving for a short term (EMA21) mean reversion.
Did not break the low yet, for me its a good place to make a good range trade
Looks healthy to me, target 1 & 2, wait for confirmation
Clear divergence trade on monthly may change sentiment until Christmas, i am curious to see how it handles
A lot of things needed to stay on that trade for the long run, but technically this is a good OP for at least 10% run, if candle are big and close green might be a hold we will see