Time to short again miners. Most proable in bear trend for some weeks or even months.
No new low. Important.
But another corrective move that could be intense o continuos ranging down til April this year.
So caution BULLs.
No new low. Important.
But another corrective move that could be intense o continuos ranging down til April this year.
So caution BULLs.
Trade active
Time to shortTrade active
Short like hell... could fall hard, but as main trend (monthy) is up, could also recover partially easy and so on, but trending down for some time. Trend "will" change to down weekly 10-12 weeks could be. Thats my bet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.