Aug 15th – They’re Back…

If you need to know how I feel about Miners,  check the reports from the last several weeks, but I will add one more thing to that discussion at the end of this report. 🙂  First let's do a market review...

 

SPX - After breaking below the 50sma as expected, A gap open Monday has put a  swing in place, but it is unconfirmed at this point.  Another day of follow through may help to clarify this picture.  Day 29 is on the early side in the daily cycle count, so let's see what Tuesday brings. See the chart and we'll look at the NASDAQ.

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Monday Morning Coffee

I wanted to put out an extra report this morning to discuss Miners a bit more...

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AUGUST 12 WEEKEND REPORT

This week was a week of solid activity, and I have quite a few charts concerning the Gold & Silver race, so let's take a look at the action...

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