For the close

12:38 pm PST.

FCX is looking positive. There were prints at 14.80, 14.78, 14.88, totalling about 450,000 and it looks we are going to close above. There was one print at 14.99 for 134,000 which is why FCX is having trouble closing above $15 today.

screen-shot-2017-01-06-at-12-37-10-pm

ABX had some dark pool buying at 16.91, 176,000 shares. There is an outside chance that GDX and the miners could rally early next week to new highs.

I am trying a long side position in PAAS.

screen-shot-2017-01-06-at-12-21-35-pm

Here is my possible wave count for GDX. screen-shot-2017-01-06-at-12-33-55-pm

 

 

 

 

Leave a comment