50% retracement between is $23.50. Bear retracement is $21.50, bull in a bear is $25.50, and we are there already.
Is this the end of the market bull of five years, or just a commodity flush in anticipation of five more years of zero interest rates and desire to get into the equity side of the ledger?
Market sell off overseas and double top US menaces.
Capitulation here and now.
I'm doubtful that this is capitulation .....all commodities breaking down BIG TIME and it usually is not a 1 or 2 day event .....this could last for at least the rest of this week. I hope I am wrong....we shall see !
Sentiment: Strong Sell
Haven't you figured out yet ,who is behing this manipulation,it is Goldman Sachs! They will do anything and I mean anything to make money!
G S are the real CROOKS behind all this ...gold and silver!