Respect your analysis, but tell that to the gold miners indices GDX, HUI, BGMI which have recently retraced and tested old resistance now support and are confirming a major bull market after breaking above major top resistance, off a multi year base setup. Major cycle appears to be accelerating not the inverse.
I doubt the US equities will keel over with the FED continually making statements that they will backstop almost everything.... thats unless they don't have their finger on something and it gets away on them.
But, never say never!
Respect your analysis, but tell that to the gold miners indices...
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Last
$3.87 |
Change
-0.050(1.28%) |
Mkt cap ! $7.685B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.91 | $3.86 | $12.46M | 3.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 101658 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 103314 | 9 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |