Entries by Alex - Chart Freak

Thursday January 9th – What was That In The Road?

January 9, 2020 in /by

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Was a Pullback in the Precious Metals Sector possible?   Yes, I even posted this chart as an example of  what we could see...

FROM MONDAYS S REPORT:

GDX – We also could build a handle to the 50 sma if the pause or dip continues.  Churning sideways is normal action, you can see it in June/July and the end of July.

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I wouldn't exactly call Wednesdays action just a normal churning type of a pull back, so let's discuss what we saw and also discuss what may come of it. First we'll cover the General Markets and Oil...

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