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- Last Update: 27 January 2020, 19:03
Oddly, I do not see much bullish action to speak of, even in precious metals.
Platinum seems to be retesting its breakout, and if it cannot stay broken out than it is likely that platinum will fail. I do not think that is going to happen, but it could.
Gold had the filled shooting star today, which is typically not a bullish sign. Silver looks worse technically than gold.
LABD might have one more push at the 250ema, but it already has failed there one time. The MACD on the hourly chart suggests that it might beat it on the next push.
LABU looks pretty broken technically and I would not buy it for any reason, save for maybe if LABD rejects hard off of the 250.
I would be a seller of AMD here as the stochastics are rolling over.
Bitcoin looks like it might go higher from an indicator standpoint, but I think it looks kind of weak so I do not know that I would bet on that.
Again, my apologies for not having internet access for a couple of weeks now. I should get it on Friday.
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