Well, was the bearish engulfing candle a one day wonder? Was it too perfect with respect to its predecessor in August? Did every genius who can look at a chart see it and act upon it? Well, this genius took a loss on his hedge but also took more miner profits to stay balanced. That is because the US dollar is at a decision point and the stuff that has bounced while it has dropped to that decision point should take their cues shortly.
All of this in the context that Huey has an eventual higher target that you might just be able to make out by the declining red line there.
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