Really good first day opening for the miners in 2017. The previous video that was put out concentrated on the actual equities in the minor sector. Giving out a big alert watchlist for everybody watching, and today was a really good day to start off 2017 as the market opened up on gold and silver.
Today's video concentrates on the daily charts of the miners such as #JNUG, GDX, NUGT, GDXJ. Watching the bottoms come in on these is awesome. As silver on the daily chart has a reverse head and shoulders pattern and ended up breaking upwards today.
Looks like the futures market is turning over for the Dow Jones the S&P index and NASDAQ and the election rally may be coming to a close as I've said previously this may be the pump and dump right before Trump President-elect gets sworn in on January 20
Thanks for watching, I try to do a market overview every day, a weekly review every Friday, and a monthly review for those who care because long-term charts are where it's at. Get to know your best trend and famous reversal bars to forecast the markets. Three lines on a chart is all I need
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I sure hope so but the paper market is so heavily manipulated it's hard to know what's going to happen.
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i agree open interest on gold and silver have spiked since the election.
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