Tomorrows a big day
Looking for an opening of below $1300 or better where I got fair market value with a $USD Index of 92.25 IMO, for support $1295 overnight if that breaks $1285 if not time to regroup? $1275 maybe with a $USD of 94.1 or $1260 @ 95 in the next few days maybe? The PM’s got pummeled today more than they deserved probably but earnings you never know maybe they deserved it? I’d say Silver is fair market value today after being beaten overnight and all day for the moment anyway? Still with Gold near $1300 gotta be tempting for the stops and the margin collectors?
I’m mostly out of the market so looking for re-entry the ol’hope trade I’m looking at all the supports keeping an eye on the $USD +/-91 also. Don’t know which is less stressful in or out?
Mr. Market what you got? I still haven’t given up on a $USD surprise either, and maybe it’s a sit and wait?
Gonna need lots of coffee tomorrow!
Yes 10 Jan is a “big” day!
SPX is going to top and move lower, USD is going to roll over, and gold & miners are going to advance.
Do not hesitate as this is a buying opportunity you may not see again for some time!
Yup. Big surprise. U.S. duller down, gold up again past $1320….
No surprise, we have had this pencilled in for some time!
We are about to test 1357
Ignore the day to day fluctuations – we are heading much higher this year and in the next few years as the cyclical nature of PM and dollar markets take hold.
Tell that to “red label” as he is not in the market!
I agree that big picture rules!
Yup reshuffle time. I did alright stepping out for a few days NG & CDNX saved me. Overnight was a surprise.
Thanks