Trader's Logbook

MARC close in red as it declined 4.48% to 1.92 Looks like it is breaking the support of the falling wedge or its just about to rebound soon? Falling Wedge has a bullish bias but it doesn’t mean it can’t go down as well. Mining stocks have been battered today, will they come in full force tomorrow for a revenge?

We may not see mining stocks to rally high because they are not the favorite this year but those spikes can save you some money if you are planning to get out.

Caveat!