Back to the daily chart to review what you probably already know.
GDX (daily) is taking a deeper pullback as it appears the war trades (including oil/energy) are getting hit pre-FOMC. I prefer this to the alternative, which would be a rally on war and emotion into FOMC.
Gap #2 is in sight. Beyond that, the video discusses what must hold to avoid flipping back to the downside scenario and the gap from a year ago, which would actually be poetic to have filled by the sector that bottomed and led the markets into the 2023 rally.
Hello Gary,
I tried number of browers. However the video does not play.
Hi, not sure what’s going on. But it works for me on my desktop using Firefox and Safari, and I also tried it on my phone and it works there too. Works across all of these. Anyone else having issues?
Works on safari and Firefox
JBD
Works fine for me on multiple devices,Linux/Firefox
Not a chart expert but would that create a reverse H&S?
There are no such things as chart experts. But yes, it could form into an inverted H&S by making one or two shoulders on the right side.
Looks more like the centipede from Dune to me. And with similar predictive value to all other chart “patterns”.
Well this is troubling. I don’t see you in the subscriber base either by name or email.