During these downtrends for metals the bulls are constantly calling bottoms and looking at data that they interoperate as signifying a bottom. Unfortunately usually these calls are wrong however there are a few consistent moves that happen at a bottom. Jordan Roy-Byrne shares what he is watching for to tell him the bottom is in for the overall metals complex.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.