Basically testing the 200 and 400 DMAs today (at least the $USD chart).  UUP always looks more bullish, and a bounce here would set up a potential symmetric H&S top on the UUP daily chart.

Silver looks good so far today, but as I said, until the daily macd crosses positive, I am in the skeptical camp in the very short run (over the next 5-10 trading days).  I was thinking one last dip to test the 200 DMA again was in the cards before it begins a run to $50+ (which might correspond with a bounce in USD).  Short term calls like this are one step away from the roulette wheel though, and I will be elated if silver can forgo a test of the 200 DMA and just continue on from here to break above last year’s peak, on its way to $50+.