I move form bearish to “Neutral” we are not completely healthy or oversold yet in the short term…I did my best to keep short and sweet I am still using the same formula to calculate the market health just not breakdown every chart.
……remember next week to stay focus!! the market is healthy(in big picture aspect) it is still in uptrend or rising wedge …sell offs are needed to confirm the market is in its bullish trend..this is 1 of 3 sell offs.
Thanks for the videos. i have a question about FCX, I am not sure you follow the name but I trust you will give it to me straight. I own April $50 calls at a price of 3.72 and not sure to hold these or take the same loss now and look to re-entry. The reason I say re-entry is I think it could retest $50? If you do not mind let me know you thoughts as I am at a loss as copper seems to be bouncing back but I am not sure. Thanks in advance.
Will you be doing a market update soon. I was intrigued by the stuff I’ve read so far and was just wondering if you are no longer nuetral and now fully bullish for a run to the highs?
Thanks for the videos. i have a question about FCX, I am not sure you follow the name but I trust you will give it to me straight. I own April $50 calls at a price of 3.72 and not sure to hold these or take the same loss now and look to re-entry. The reason I say re-entry is I think it could retest $50? If you do not mind let me know you thoughts as I am at a loss as copper seems to be bouncing back but I am not sure. Thanks in advance.
Patrick
Sir:
Will you be doing a market update soon. I was intrigued by the stuff I’ve read so far and was just wondering if you are no longer nuetral and now fully bullish for a run to the highs?
Phil
You still out there?