OTCQX:ELYGF - Post by User
Comment by
feenewbieon Jul 20, 2020 7:01pm
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Post# 31293156
RE:RE:TA for those interested
RE:RE:TA for those interestedHah - I did see it Colt - good call - gaps usually do get filled - so just technicals temporarily affecting Ely. I've just been quickly monitoring things during the typical summer slowdown - i.e., I'm in the sell in May and go away mode - but still in my spec positions like Ely. Regardless, July has been a bit more exciting than usual. Happy to see the S & P 500 broke above the June highs today, so the market remains bullish, for now at least! Was waiting to see if a dangerous double top was going to occur, toppling the parabolic tech stocks as a result, and of course awaiting the effects of the disasterous Q2 earnings season. But bargain shopping and potential momo trades may occur more quickly than I anticipated, so I thinks its time to start monitoring more closely. The USD has rejected the drop to 96, and it dropped to 95.83 today, so of course = good for gold. Will be interesting to see if this level rejects again, or it sinks, propelling gold even higher. We are living in strange times Colt! GL eveyone!