Hopefully someone here can help me. You look at these charts and they make lots of sense. But then you read how "they" are able to manipulate the markets at near will. Whether it be Jobs week or options expiry week or whatever.
So if this is true, then the charts don't really matter. But then it seems that the charts are usually right.
So are we just kidding ourselves by overstating "their" powers. Is any kind of manipulation just a temporary fix, so if we answer yes, then why is the POS still at $11.00 when it should be at least $4.00 to $6.00 higher.
It's just that you keep reading on how the POG and POS is going to the moon and the US$ is ch*t, but yet we're strugling to maintain 80, 90 cents.
Confused....
Later