There is hope and a bounce is coming. Only it will need to be played and sold imo.
Santa rally coming but the big boys have already left for Christmas so we have light trading volume and lower volatility. I am thinking good buy ops by close of OE, then up thru next week that surprises but has no real power behind it. Thats a wild guess.
when reviewing the first battalions of Confederate corp moving into Gettysburg, Colonel John Bufort of the North said famously,"there's power behind that". Back then they didn't have drones and airforce. In battle they would predict the strength of the larger army based in its first thrusts onto the field.
We have had a serious thrust down in metals over this last period. That indicates "there's power behind it". Another leg I think is coming. Could come early or could come right after Christmas or with the New Year but I sense its coming. Wish I was wrong but patience will tell. Certainly volatility will return in a big,big way when the HogMen return after the Holidays.