So we have arrived at exactly 34.5 cents what Esh defined as a gift. Cleary, she is now in a technical correction and it's not the one I like nor the one I was waiting for.
It certainly appears as if the bottom has been pulled out. Even though they are no big volumes this can go on much longer and lower as we have seen at the beginning of the year.
I was bullish on RMS by the end of 2017 but I was wrong. Still not a sell for me but a big disappointment.
Just to remind everyone re the upcoming Fed decision: last year's rate hike (the first) marked the beginning of a steep POG rally and also RMS rising from 45 to 72 cents.
(20min delay)