I am also looking for that bounce but a general turn with Evergrande not to be saved and pulling others down soon incl Banks and collapsing production world wide im looking for a margin call event soon ! + A stronger Dollar ! China is in deep trouble as is Europe !!! No Energy ! People may die this winter ..... Everybody is thightening !! Central Banks Boj , Norway Bok , Boe , Poland , tchek , Nz , Iceland etc ! Only Fed and Ezb not ,YET !
All together if i wasnt invested to my chin , ok , id buy now maybe , but with the thoughts above i will wait for this event Ag 18$ Au 1600-40$ to happen ! OR NOT ok i dont care !
I can understand everyone buying here at the 50% retracement IVR , but i gamble for the 62 % or76% ! No matter how it turns out I cant loose ! Good luck to you and us all !!!!! And please MAY I BE wrong !!!!
IVR Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
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