Yeah, gdx shares in issue expands again to near 315 m
Could get a relief rally in some of these prices , options expiry this Thursday , some shorts may look to square up following the quick reversal but still think she is overvalued
Copper smashed, if she has a relief along with commodities could be some big spikes and is a risk to usual short term up spikes
Certainly the market is convinced small rate rise in USA coming along with big negative rates in Europe , and deviation from this expectation cod be very wild indeed, if you went short a couple of weeks ago I'd be putting some protection in, what better way to generate brokerage than to swing it
Good luck
NCM Price at posting:
$11.50 Sentiment: Hold Disclosure: Not Held