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clock Created with Sketch. 15/01/19
09:04
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Originally posted by paddington bear
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For the last three sessions on Wall Street, the S&P has gapped down on the open and then spent the rest of the session rallying to fill the gap but the difference today is it still finished lower at the close. S&P looks like it wants to come off here. However, I do still favour the option of the S&P “stuffing around” for a bit – perhaps trading between a range of 2520 and 2620 – maybe for weeks but then I still think it is headed considerably lower but we can worry about that later.Could it be forming a nice little bullish flag here??? Even though our gold index, XGD, hasn’t come off very much, the gold stocks themselves are consolidating beautifully. Patience. Also noticed yesterday that the tin price has been trending nicely higher.
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@paddington bear decided years ago that FA too much effort and time for this little bunny and A Kohler simple explanations meet my requirements these days. China slow down here; https://www.abc.net.au/news/business/kohler-report/ ... caught my eye & somewhere heard that China Coal imports are downdramatically ( 40-somwthing % I think the figure was.)
(20min delay)