Welcome new reader!

Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Sunday, June 14, 2020

Long term setup

Monday looks weak, as I expected.  I think we need a new low past Thursday before a reversal.  

I am looking to add to Bitcoin, and gold Miners.   But I think gold miners are 4-7 days away from their near low.   We aren't talking much downside, maybe another 5' max 10%.  

If you didn't get out in January as I warned, about 9 days ago was the time to get out.   I recommend you consider close enough and lighten the longs.

Good luck.

No comments:

Post a Comment