Gold, commodities, and commodities stocks have been the hot topic in the media and there are a lot of opinions and emotions attached to them. I wanted to show you a few charts from a technical perspective on how I think the next daily cycle could unfold, and how to manage risk during the upcoming weeks and months…
I mysteriously received this chart in an anonymous email this evening, sent back in time from…back in time. Apparently, its purpose was to instill hope in the goldbugs:
It was signed at the bottom,
I’m not dead yet. It’s just a flesh wound.
- The B.K.
Good trading all.
Steve Chapman, TRI
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Before I begin tonight’s report, I’m going to show you a gallery of horrors…