"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, June 27, 2012

Oh Canada... again

When last we looked at Canadian Markets in May, it was brutal.  Today it is even more so.  The TSX-V (AKA the wild west of Canadian speculation) continues to burrow beneath the neckline.

I am inclined to believe signals in copper and the big TSX over the 'V' as far as macro signals go, but at the least this chart says continue to beware of speculative hole diggers (incl. gold diggers) who are not well funded and in possession of actual documented resources.

Meanwhile, copper's H&S and so many other macro items remain to be resolved.













http://www.biiwii.blogspot.com
http://www.biiwii.com

Subscribe to NFTRH or
Subscribe to the free eLetter

3 comments:

  1. Is there any hope for this crap?

    ReplyDelete
  2. "speculative hole diggers (incl. gold diggers) who are not well funded and in possession of actual documented resources."

    Bitch be treading awful close to infringin' on my trademarked phrase yo

    ReplyDelete