By Ryan McGuire
for Gold Avalanche
The next several days are important ... for your families! Take it easy with family and friends, and don't check the ticker too often. It looks like both indexes will simply bounce off of support and continue to move higher.
Why? Because both indexes failed to break out of previous highs. That means they are finally starting to work together, which is a nice change. Hopefully this lasts for a while.
Since the previous intermediate trend was up - signaled at the last intermediate bottom, and since the primary trend continues to be up, and since no signal has yet been given to alert us to an imminent bear market threat, I shall hold and wait.
Peace,
R
