A Blowoff Top?
By TF 2 Comments | At the peak of another huge rally in China again earlier today, the price of CDG reached all the way to $3509. However, after a four-day holiday, The London Monkeys returned today and soon went to work on price, which is even lower now that Comex has opened. Have we just seen a blowoff, short-term top in CDG? Maybe. But maybe not. The key will be China again later this week. If they...
By TF
At the peak of another huge rally in China again earlier today, the price of CDG reached all the way to $3509. However, after a four-day holiday, The London Monkeys returned today and soon went to work on price, which is even lower now that Comex has opened. Have we just seen a blowoff, short-term top in CDG? Maybe.
But maybe not. The key will be China again later this week. If they...