Miners
Gold-Short model GLL low @ 09/2021 - JNUG Bullish next 24 monthsKeep studying & tweaking GLL (Gold Short Model) to try to understand maximum peak in Gold/Miners.
Continue to see 3 hour brschultz model place optimal peak in gold miners in Sept 2021.
Bottom in S&P, Dow, Nasdaq, & Real Estate in Late 2021 as well.
brschultz
EGO trend reversal, looks very bearishEGOs run seems to be over for now, it had produced a continuation gap (bearish candlesticks), but that alone isn't enough to make a confirmation. After today with the 10% drop on shelf offering news.. it formed a bearish engulfing candle. Bearish engulfing also alone by itself is not enough to say bearish also.. so you look for volume confirmation. It seems we have that Double up those two candlestick patterns, along with gold making a pullback after breaking 1500... seems bearish too me. Trimmed position yesterday and will most likely close positions totally, or buy some short term puts. News seems to be coming with Skouries permit, so if that drops soon then its game on again. GLTA