Charts -Since you did some Chart work tonight . Here are Some MUX Charts For the day showing the Blue Reversal Buy Count Arrows with the Confirmation Dot on Top.
If one reviews all the Charts you can begin to see the Pattern as to What those Little Blue Arrows Signify.
I've been want to post these for a few days as I can Plain see with the Reversal Buy Count Confirmation, now going for days that there's going to be a popup soon, usually reversal by count Blue Arrow preceeding the Popup a few days before the PPS increases. We have the Confirmation Dots on Top telling it's definitely going to happen.
How Much and How long I can't predict,. Even when on a long upward Trend a Pink Reversal Sell Count Arrow may come along, but does not necessarily mean to Sell. They are Unreliable if Day Trading, and may not predict a Large Drop in PPS, even with several in a row they don't contradict The Upward Momentum but more less show small amounts of volatility in the upward Trend. During a steady day by day increase in PPS they usally don't appear.. They can also show you impending Doom witha Severe drop in Price.
Again the Blue guys are fairly accurate esspecially with the Confirmation Dot.
If one is thinking about Selling MUX due to foreseeing a drop in Gold Price.
IMO. One might wait a few days to milk 10 to 20 cents in PPS at least.
However it could run for a while, but as we all can see that probably won't happen.
But not unlike a HOT Crap Table, sometimes not very often the Dice fall into the Hands of a Hot Shooter who can Roll for 15 Minutes, or as I have experienced a Whole Hour, during which you just telling the Dealer To Press Your Bets, if your lucky, even a small time better can walk away with $15K or more.
The Venetian Hotel & Casino in Las Vegas 1am until 2am May 1999 shortly after it Opened for the first time, while I was Attending The NetWorld+InterOp Convention. That paid for 3 Years of Prior Trips to Vegas for the conventions and many $200. Sessions at the Table and Annual Trips until 2011. I'm been on a sabatial since then, but thinking Lake Tahoe is next. Any Gambling in Vancouver ?
Again Rob a Superb Lenghty Analysis of the SFOR Chart from December and your Chart Showing a Perfect Assending Triangle since then. Just what some needed as they may be getting antsy while awaiting major major news.
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