Todays weakness is a bit unexpected but its good the markets do not run away from us.
This way we get a better rally next week. The p/c ratio should come in high by then and sentiment should turn bearish.
I expect more weakness by mid-week. maybe I am biased as I want to get AMZN for 45 and GDX for 25.
But Gold is up good and GDX too , but if the markets get very bad short term , GDX can "de-couple" from Gold and test 25-26.
Markets are closed Monday , if you'r getting bored play the bailout game. The link is on the post before this.
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