Markets and leading stocks had a great week, not necessarily moving higher, but setting up to do so very soon.
We can’t move up in a straight line and backing and filling, or resting action, is what we need for this bull market to remain healthy and strong.
From my chair, I think we’ve entered another buy the dip market just now, so I am holding strong my good positions and looking to buy dips, so if you’ve missed the moves thus far, many stocks are giving you a second chance.
Last weekend I mentioned the metals were showing failed breakouts, which is never good, and often leads to a breakdown, and that is what we saw in the metals this week so let’s see where support lies now.
This post was published at GoldSeek on Sunday, 8 November 2015.
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