Near-term Outlook For US Equities, GDX, GLD & SLV (video) 0 Related posts: Stock Market & Sector Analysis (video) US Stock Market Analysis (video) Market Outlook May 30, 2016: Equities, Gold/Mining Sector, Crude Oil US Equity Market Outlook (video) GDX, GLD & SLV Near-term Outlook (video) Jan 20, 2016 12:30pm|Categories: Equity Market Analysis, Gold & Commodities|Tags: $GOLD, $NDX, $SILVER, $SPX, AAPL, AMZN, FB, GDX, GILD, GLD, GOOG, MSFT, QQQ, SLV, SPY|4 Comments Share this! (member restricted content requires registration) FacebookTwitterLinkedinRedditTumblrGoogle+PinterestVkEmail 4 Comments GetItRiight January 20, 2016 1:07 pm at 1:07 pm Great video with great analysis, as always. 0 rsotc January 20, 2016 1:27 pm at 1:27 pm Thanks GIR. Still too early to rule out further selling but I do believe the R/R for going long here with stops not too far below the lows offers a very nice R/R. If that doesn’t prove to be the case, I won’t go back to a net short position until the next objective entry, which I believe is about another 4% lower. Shorting now or staying aggressively short now is extremely risky as a reversal is likely to be very sharp & swift once it comes & could quite possibly kick-off as a large gap up that catches many off-guard, not providing the existing shorts or wanna-be longs and objective entry. Thanks for the feeback & best of luck on your trades. 0 Comments are closed.