The reflation evident in the Basel get-out-of-jail free card pushed stocks and silver higher. Any new high in silver and I'll sell my teensie ZSL short ETF position. However, with gold hanging back I'm not concerned.
The orthodox high for the rally was Dec DJ futures 10,480 at 11:30 last night. Using my .25% stop above this high I was beyond the 3-wave thrashing that has occurred since. I believe that the high is in.
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