Checking In on Recent Charts

SGZ I'd be happy to buy around 100 if it gets there. I mentioned banks for rising rates here, take profits on that one. RSX discussed in Russia on the Edge bounced right off support. MDL broke out, but quickly failed. JLP has done very well despite no help from the platinume price. Still waiting on breakouts for most gold and silver miners, still time for buying.

Return to Base

Sustained breakouts will have to wait with materials finally correcting. MDL has seen a quick return to its breakout level.

The key asset for the intermediate-term is the U.S. dollar. The DXY has to break the 7-year moving average at 95.80, if that doesn't happen a bearish signal is intact. Above that level would be the biggest headfake in the

Medallion Resources Enters the Rip Zone

Breakout could be underway at MDL.V,MMLOF. I own it around $0.26, bought recently looking for an imminent breakout move. Need price to hold and volume to confirm.