I think most people should be mentally preparing for the coming bottom in M+M more than the coming peak in the markets. Catching ABX in the $5 range would be a huge gift and one that you really wouldn't have to watch too hard at those prices.
Monday, December 14, 2015
[UVXY] update
The model from the backlink did not play out as expected. It could be forming a falling wedge per the red model. It could also do the DDT shuffle per the blue model. Of course a break of that top rail is completely unexpected at this point and so if we see it happen, buy the the subsequent dip.
I think most people should be mentally preparing for the coming bottom in M+M more than the coming peak in the markets. Catching ABX in the $5 range would be a huge gift and one that you really wouldn't have to watch too hard at those prices.
I think most people should be mentally preparing for the coming bottom in M+M more than the coming peak in the markets. Catching ABX in the $5 range would be a huge gift and one that you really wouldn't have to watch too hard at those prices.
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