Friday's post-holiday trading was very thin. DJI 10,975 and SPX 1673 are key support. I1 peaks next Monday at a very low level which keeps me in the trading range camp. Looking to short silver at higher levels. If stocks rally then silver should as well.
I hope everyone's holiday was pleasant.
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Steve
ReplyDeleteI do not see stocks rallying and Silver is a short right now with tight stops.
Jack C
Steve
ReplyDeleteIf the dollar brakes through current levels we are going to see a fast move down in stocks and metals. It’s all about the dollar.
Jack C
Steve
ReplyDeleteLooks like next stop 1156 SPX.
Jack c