true but sps reflect both ta and fastock price charts flow a lot...

true but sps reflect both ta and fa

stock price charts flow a lot like water dynamics - in part because of those high volume accumulation and distribution zones which - when they break - release a lot of share volume back into 'the wild' ie traders who short term churn

really high bounces above fundamentally 'safe' values result in really steep waterfall declines - which result in hard reversals etc as fa and ta resolve toward stability

wwi has severe version of that because its such a layer cake of deep value gold resource to smaller targetable operation to licenced operating cashflow + sovereign risk

there are often key market makers/ brokers that use these dynamics to artificially pop and drop stocks also so they can get out at superior profits and get back in at deep lows

USD gold is poised right at the technical limit before going into a bull market after 15 months in a bear/consolidation zone

US cpi tonight the likely trigger for bull market

if that occurs should be big bid into identified gold resources - which is where wwi really stands out - such a large resource moat that even with a stiff sovereign risk discount - makes it super cheap on an EV/oz basis