Loading ...The key to today is the Dow.
As usual they are trying to save the equity complex by keeping either the Dow or NASDAQ green.
Today it’s the Dow. If it goes red too — the entire equity complex could crash this afternoon.
Only heaven knows what that will do to PM shares, but if history is a good guide, they should be swept lower too – given they are already approaching oversold – meaning hopefully downside is minimized.
Like I said – look for a low in November – just like in 2000 – a Fibinacci 21 – years from the fall 2000 bottom.
Cheers all