GREY:ALXDF - Post by User
Post by
goldopportunityon Jul 18, 2018 6:35pm
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Post# 28335609
Fwiw........
Fwiw........Alxdf closed at usd .0325 = cdn .0429 (boc 1.3204 close)
Alxdf down 7%. Relatively light volume. Only 59K traded -- a little more than 20% average daily. Gap-down open to usd .028 (looked like a fake-out). Recovered nicely into the close.
Azx down 12%. Heavy volume day with 555K traded on tsx-v and 580K on the alternate exchanges. 80national accounted for more than 60% of the tsx-v volume on the sell side. Important to note that only 6.25K traded at the cdn .035 low, 6K of which was a td cross.
Bottom-line:
Well, things today didn't go as I thought, so you just adapt.
Based on today's action it would appear the ptb wanted to keep the sp in check. Now this could change tomorrow, as alxdf at least had a bullish closing candle. But azx's manufactured print and consequent chart would suggest its' sp may at best trade within today's penny range. Could be that the ptb want to keep us within recent perimeters until after the vote next tuesday, thereby allowing maximum upside sp potential on ES et al winning the day. But you take it one day at a time, and adapt as need be.
So we'll see what happens. Always stand your ground in the markets and in life, folks. Jmvho.
goldopp