Might As Well Shut Down Trading Early
For the last half hour or more everything has dried up to almost a crawl. I guess all the traders have finished whatever they wanted to do for the year end session and have already left the building. This should have been one of those half day, 1PM closes because it looks like no one is doing anything. Not just metals, but stocks as well. I can’t remember it being this quiet, in quite some time.
Time to keep your powder dry for some big dips in preparation for another leg up. Sold a quarter of my long term positions and will stay on the sidelines until this is resolved upward. MACD shows most miners rolling over.
Minicrash in equities here in the last two hours, as the attempted recovery of the breakdown of S at the open was rejected and failed.