Closed at .355., and resting close to the bottom of the Bollingers. Might even follow it down a little more, or hopefully rebound off the 50sma, which looks uncertain with current headwinds. Tin futures too indicated wanting to pivot back up, so a lot rides on the Fed stepping lightly while talking loud, trying to head off a recession into Biden's watch for another term.
Unfortunately, the trend is not indicative of a meaningful turn as yet, but the waning moon and heading into the Spring/winter solstice, looks like a major inflection point, perhaps.
Regardless, definitely time to watch that big , green candle with volume , but the SP may simply drift sideways into next week, while the fence sitters wait..
Might be time to find that Christmas money that grandma gave you, that you hid under the mattress all those years ago...
MLX Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
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