Loading ...Yes short term we are o/b even on the weekly chart…..but u don’t break out of a massive 7 year Saucer base on huge Volume and not expect extreme readings.
Classic T/A says we can retest the B/O area 1365/80, so that should not surprise, then we run higher fast….I see nothing so far to worry a major bull break out in TA….and the Fundy’s support the whole thing….a hated mkt that no-one even thinks about, beaten up prices in the shares and a system that does not have the slightest worry about printing to oblivion…indeed most political leaders positively love the idea of what they think is free money…..and we haven’t even started the real printing, let alone the Helicopter money.
The one major problem is of course the scum/Rig…..but as long as the SM behaves, they may allow a bull in PM’s, as not to, would make the physical demand intolerable.