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Will The Markets Follow Seasonality Or Break Away From The Norm

“Sell in May and go away.” Craig Hemke from Sprott Money and I discuss whether there is any truth to this common seasonality saying or whether the indexes and precious metals will continue to hit new highs, keeping traders glued to their seats.

Our discussion covered the following topics and questions:

  • Starting with the US equity markets, how is it possible that after yet another correction, the S&P is still reaching new all-time highs?
  • Looking at the gold chart, where does Fibonacci indicate the price may go next?
  • And much more…

This post appeared first on Technical Traders Ltd.