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Maddog @ 12:15

Posted by Captain Hook @ 12:54 on August 12, 2024  

I know what you mean.

There is zero excitement in the shares with the exception of larger producers.

Unfortunately, if there is a larger correction in the equity complex in Fall the juniors will not likely improve much until credit conditions improve coming out of seasonal lows. (November or December)

The next Fed meeting could spark something a little more interesting going into next year.

We will have to see.

September is a pivot month – usually a low – but this year could be a high that lasts into next year if the draw down in stox is profound enough.

The question is how long does such a top last?

The inverse head and shoulders patterns in many key charts across the sector are poised to breakout any time. (and they are big)

So, hang onto your shorts.

Chuckle

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.