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you are right and you are wrong. it is over bought but it will be sold off big time today with metals getting smashed. this is the excuse to sell slw at the recent top
Today is just a normal retest of the 40.00 support level (40.10 so far).
today is a gift to latecomers at the party!
Was the deficit wiped out today??Thing dont add up again.If everything is getting better ,should the commodities not be going up as a result.,more oil being consumed,but it gets taken down the last few weeks??Any comments.
just watch XAU and HUI...any sudden change means the 'black boxes' just kicked in and SLW will follow right behind them. Go with the flow...don't fight the boxes!