OK, market gods, this just isn’t nice. The /RTY pushed just a LITTLE above the fabled green line, and then, puke-o. I’m still short, suckers!

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OK, market gods, this just isn’t nice. The /RTY pushed just a LITTLE above the fabled green line, and then, puke-o. I’m still short, suckers!

I’d say a short of FXI with a stop of 37.75 is a pretty good risk/reward bet now.

I was looking at CME GC Gold Futures, August 2025 expiry, 2 weeks down and reached a price area that my model considers oversold:

A cheery Friday to all Slopers the world o’er. Our precious friend palladium shot up to almost $1200 yesterday evening, but since then it has shaved off those gains and moved into am modest loss. I am expanding my position 20% at these levels, because of the reasons I’ve cited repeatedly. The fact /PA is down modestly while gold is getting smacked down nearly $80 is also encouraging.
