Bullish retail sales do not alter market structure. The Dec SP 30-minute has been moving up and is currently 1113.50. I'll increase my core short on a 30-minute close below 1107.75. Currently I'm short DJ futures 1.5% from 10,478 with stop at 10,507. Also 10% SDS.
Key support for the stock market is 10,440 - 1.35%, or 10,300. Breaking this will indicate the bear has returned.
Gold has returned to 1265. I have a small short gold position and a tiny short silver position. I will increase short precious metals when silver hourly M/A is broken to the downside. Gold rising above 1270 will get me out of my short gold DZZ (average in 10.39) and silver ZSL(in at 27.06). These are very small positions.
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