Not the follow through I would have liked being long. Still holding but not improbably that we get another flush out. Maybe in form of a gap down tomorrow.
Could be seen as bullish consolidation or a bearish failure to thrust up out of the wedge
More consolidation is possible
Low volume and printing a reversal candle. Not ideal
IWM is showing good strength though which could indicate risk is still on
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...