CMT Level 2 Cleared | CFA Level 1 Cleared | CSC (Canada) | I look for smooth runners | Tweets are just tweets and not financial advice. TorontoJoined June 2021
Silver since 2020: 150%
Anything but smooth 🥲
Gold had comparatively a much smoother run.
The smoothness matters because choppy stuff is very tough to hold and manage risk on.
3rd Sept was the first pivotal Day:
Breadth was at 58%
18th Sept was the day the breadth topped: 72%
22nd Sept was when the market topped:
Breadth had fallen to 63%
Conclusion: The up-move of this cycle had completed from 3rd to 18th Sept.
The closer you were to 3rd Sept…
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