Alternative currency commitment of traders report showed hedge funds and other speculators still remain extremely underexposed towards the precious metals sector. Hedge fund positions on Gold remain at very low levels of 43.7 thousand bullish contracts, while in Silver positioning are at some of the lowest ever at only 3,900 contract level. Hedge fund positions on...
Bearish div, complacency, cycles analysis and sentiment suggest a "real" pullback is around the corner... hide ya kids and hide ya wife. As always - use proper risk management and sizing. Thinking we pull back into July with a top around May 21th... just my .o2
bounce looks done to me, bearish div, upper end of BB's on weekly... bear risk reversal makes sense to me or sell the call at a level you wouldn't mind shorting higher and buy a bearish vertical w puts
watch this name to short the retest of the breakdown or see if it forms a bear flag here. I don't know anything about the company but doesn't seem like a stock going to zero anytime soon. Selling call spreads might be the best short here