For the second week in a row the CoT has degraded. This reinforces the opinion that potential precious metals sector issues could crop up in the interim, based on other work we’ve done in NFTRH. Last I checked, the CoT data was not out, but I just checked the links over on the side bar and there it was.
We have been prepared for the potential for some fairly rude events on the way to what could be a nice intermediate rally resuming in December.
BTW, I just sold DUST (added as a hedge), but have also taken some profits on longs. Must remain in balance at all times in rough markets.Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas, or the Free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Oh, and follow @BiiwiiNFTRH. Support free quality content; please disable AdBlock, Adguard or other ad blockers on Biiwii.com (our few ads are non-intrusive) and/or donate... thank you! Add to SocialTrade