Hate to be a stick in the mud, but im still bearish for a little longer yet. IF (that's a big if) the market has adequately priced in the interest rate hike, and the fed learnt their lesson from last year not to bark harsh orders for future hikes - then a christmas rally will be on the cards for the general market (statistically speaking). This would put further downward pressure on the beloved pog. And at present, things likely look like they are lined up that way to me.......... and given the current trajectory on the chart.
BDR Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
