of stock market psychology
Good morning, Steve.Your gold short is making money! Congrats.Do you have an eventual price and/or time target where you believe gold might bottom? I believe gold and other PM's are in a very long term bull market (for the next several years) and would like to use this pullback as a buying opportunity for gold, silver, and miners.Thanks!
Steve, what is the significance of the 370 EMA? How did you arrived to depend on it?
I just use this M/A to filter out QE trend. If trend breaks then traders will dump, at least until the next I1 bottom. In different market environments I'll rely on different M/As. It has only broken once in the past 6 months.