With the pennant thought suddenly dashed, the other formation I had been looking at is a head and shoulders. Seems to be an unusual place for such a topping formation to form, but that is what it looks like.
Still have lots of cash on hand as I had recently sold my Jan 2021 options in an effort to roll out to 2022. See also that the 2023 LEAP SLV options are coming on line but the spreads are often high this early into the cycle.
Also have been adding more to GLD and physical gold as the Gold/Silver ratio has fallen so dramatically.
Still have lots of cash on hand as I had recently sold my Jan 2021 options in an effort to roll out to 2022. See also that the 2023 LEAP SLV options are coming on line but the spreads are often high this early into the cycle.
Also have been adding more to GLD and physical gold as the Gold/Silver ratio has fallen so dramatically.