Tuesday, March 4, 2014

Metals and miners look weak as expected.

Tomorrow it will likely get a boost but I suspect that it will be unable to break out.  I believe that the move down from $65 to $56 was done in 5 waves.  That means it's not going to be a 2nd wave IMO.

It likely go to the bottom of the channel and then throw under within 2 weeks.

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