A scan of the watchlists shows juniors still getting hammered while producers doing fine.
The indicator may well fall again tonight.
Depends on the POG and last half hour of trade.
When money flows back into juniors, producers are likely to really take off.
There is a lot of resistance-support structure in producer charts and a few appear to have broken resistance this morning.
Pressure is mounting.
A number of short term targets are established and provided they can keep going these should be delivered with ease.
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Dusko Ljubojevic, MD
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