Good Sized Drop in Equities, Rally in Gold Near
Stock-Markets / Stock Market 2017 Jun 09, 2017 - 11:57 AM GMTBy: Brad_Gudgeon
Today (June 8) is the 4/16 TD top. The next low is due on June 12. A sudden sharp sell-off in equities (likely June 9) and a rally in gold is due into Monday. My best guess now is that we see a move into the 2380/90’s. GDX could easily move from the 22.90’s (forecasted 2 days ago) into the low 24.00’s.
Below are charts of the SPX and GDX.
Brad Gudgeon
Editor of The BluStar Market Timer
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