Loading ...Re SM
Adens have gone outright bearish, say to dump all stocks. Russells index has also given a sell signal….a mate who is v good trader, reckons we could have a crash in the SM v soon.
Also looking at long term charts this PM break out has the potential to be A, huge and B, Long term…the shares have huge saucer bases under them, or can be called Cup and Handles, where the July 20 to Sep 21 slide is the handle…both formations support violent near vertical moves, when the break out…..which unfortunately suggests the Ukraine situation, is not going to end quickly.