AEM has dropped hard below initial support at 60, and to the lower boundary of a channel I drew a few days ago on a 60-minute chart.
I had a stop below 60 for a partial position.
If it bounces from around here and fails at, or below 60, I may bid it farewell.
S&P 500 – May 15, 2012 - Bottom Line: Long term trend is up. Mid-term trend is down. Short-term trend is down Weekly S&P stage is Late Advance (2-C) Daily S&P stage is Strong Decli...
1 year ago