I’ve Broken Consolidation!

Portfolios at new highs

First I wondered whether I was topping. Yes I was topping. Then I was consolidating.

Now, most pleasantly I have broken consolidation and am making new highs. Of course the trick will be to keep it this way. I have not just set it and forgotten it. I’ve been actively managing, profit taking, cash regulating, hedging and generally being sensitive to the market’s rotations.

The result being that the consolidation that began when the precious metals correction started has been broken to the upside even though said precious metals remain in consolidation (but short of another head fake, are starting to make some bullish signals here).

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