Wednesday August 28th
We are invested in the Bull Market of the Precious Metals Sector, and even though the weekly charts are looking a bit extended, we keep seeing surprises to the Upside, as upside targets continue to get hit. I did mention in the weekend report that this could be an up week for the Miners, so let's take a look at the Market action ...
I'm not going to spend a lot of time on other sectors, there has been no important change. As a quick review...
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SPX - No change, and this recent trading range could be a back test, held back by the 50sma.