breakout as expected. target met. this bull may still have legs.
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vol surge, might be a pullback here first which likely would be bought.
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From Northern Miner - text of talk by Jessica Fung BMO commodities analyst about copper.
"Since 2007 global debt levels have increased by 40% to US$199T (trillion). China's debt quadrupled to US$28T."
Educational only and not trading advice (EO&NTA) Good trading to all
EMB back above the 200day MA! Emerging markets bonds often move inverse to US long treasuries; but they are strong, the yen is strong, the euro is strong, stocks are strong, all assets are strong... central banks are printing monies, and they're spreading like cockroaches across the landscape, filling every crevice.
Is now a good time to own silver? This chart says wait. The correlation between gold and silver has not dropped. Typically the bottoms in silver happen 1 to 1.5 years apart. We're due for a bounce in silver, but I am personally waiting it out. A great buying opportunity should happen between now and june according to this model.
long time no touch of EMA20, usually the very 1st touch is buy. setup needed of course. just general idea here.
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