Gold Set to Make A-B-C Move with Nick Santiago (Ep #103)
Description
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends. Today we discuss:
1. Options ex and the quiet period is here. Game Playing is done and next week we get back to real business.
2. Gold Silver making their ABC move. One more move down. It has to do it. The cause is irrelevant. It’s a footprint human nature. How long will it last. Put in a top on 8-7. Not easy to figure out. The 8-12 low would be a great point to re-enter. A matter of days or weeks at most. Longer term is still very bullish.
3. Market is basically up slightly, Russell 2000 being hit down over 1%. Options ex related?
4. We’re in election season. Caution is the byword. Every day is a new adventure.
For more info, go to www.InTheMoneyStocks.com.
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