Loading ...It could be a good tell as to how the metals go moving forward. RSI in GLD is above 80, so we’re probably going to take a hit very soon. We shouldn’t HAVE to take a hit, Bitcoin and NVDA never do, but we will.
Looking at the volume in SLV, better volume than the little melt-up it had at the end of Nov. last year. Kind of hoping volume increases as it moves up.
HUI still well contained but just popped above its 200 dma for the first time this year. That chart looks good to me though. Too bad charts are so unreliable with pm’s. Overbought is always the best indicator for a flush in pm’s unfortunately.
No complaints but I continue to be in awe of the QQQ, all losses wiped away from early in the week. I just don’t see that ending well. Heck, maybe it won’t end at all. 🙂