Be careful right now. Having the phyzz in hand only you can liquidate.
Robert is one of the best chartist out there and if he sets a warning I pay attention. Doesn’t hurt to set stops and not get too exuberant.
We might be heading right in a D decline. Here’s what he posted and he’s right about the Fed too.
Buying GDXD here.
4:30am- Just keep those stops in every day. You can always buy it back if you like. At some point this market’s going to reverse hard. I’m hearing QQQ 372 might be the trigger, so be careful. The funniest moment is when Powell yesterday said that telling Joey B that government fiscal policy needs to be tamed down said, “IT’S NOT MY JOB”. That says it, Powell is a tool. I’ll bet 98% of the audience here, which is very smart mind you, DO NOT understand that the recent “Bipartisan Debt Deal” RAISES government spending to an ONGOING pre-pandemic rate. This country is so lost it can’t even tie its own shoelaces. That’s my two cents. Use stops. It’s too early to short, that’s coming, perhaps during later August. It looks like gold is in a D-decline (below $1930 it will be for sure), so find something else to trade