Its up, its down, oh have some more volatility, oh please do !
Lets see The Strongest of the BIGGEST have held their position with the Least correction down to their 50 DMA
The New News? the same old same old XYZ threatens ABC. Maybe stealing territory if one party can.
What is to me, is the US Mint basically is reducing or eliminating its production of ASE’s. It was suggested that they could not be used efficiently for legal tender if the Govt ( Mint ) withdraws them from circulation. Just another wild hunch but it seems all the Black Swans are flying and most of the Conspiracy theories have become MATTERS of FACT.
We know from the top chart that the Breadth Momentum started up in the beginning of June, to the extent it rose thru its 50 DMA and its KARMA went to the upside of the 50. So while its correcting here ,it could go down to the 50DMA. For me it seems a set up with reasonably good change at a bull run in August..
The GMX chart underneath it is pure price and waggle around a bit before it shows anything decisive, but so far a reasonable partner for the breadth ( no. of stocks going up, net). For me that means I can either stay or go, without much concern.
As of Friday, my scans produced CSO.V and SGD.V. There is enuf info for me, so they are not on any of my blacklists.
FYI, BETA RECAP publishes at the end of each BETA week.
Denaliguide Summit 
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