Expecting A Bounce

from TF Metals Report

Well this week has certainly played out as expected, hasn’t it? The question now is: Will tomorrow be the final piece of the puzzle? Will price rally off of a lousy BLSBS report? I’m quite sure that it will. Come on in and I’ll explain why.

At the risk of seeming to beat a dead horse, regular readers of TFMR (and subscribers to TTM) know that this week is playing out almost entirely as expected. Last Friday, I had hoped that his week would be an UP week but I put the chances at just 25%. The more likely outcome was an early-week rally, followed by a mid-week beatdown, followed by a Friday rally that leaves the week virtually unchanged. If you haven’t yet, you can read all about it here (complete with the obligatory images of the spec sheep being sheared).

Continue Reading at TFMetalsReport.com…

Add Comment Register



Leave a Reply