No need to fight, there’s a reversal for everyone
Reversals. Plenty of reversals. With reversal-based seasoning. Gold, silver, miners, the dollar, and even stocks – all reversed profoundly last week.
Oh, I almost forgot. Last week's reversal was accompanied by one of the strongest volume readings that we saw this year. This makes the bearish implications even more bearish.But wait, there's more! Most importantly, though, the above chart shows that the current situation is EXACTLY like it was after the previous surprisingly bad non-farm payroll reports.
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