3pm update - melt into the close

Same..as ever. Main indexes recovered those very minor opening declines..and we're likely going to just quietly melt into the close. Dollar is a touch lower now, we're still due a 1-2 week down cycle..which would really help prop' the market up until late March.


SLV, daily2

USO, daily2

Summary

Whilst the indexes melt higher, I'm merely content to meddle in commodities for another week.

I'll hold both SLV and USO overnight. A gap higher at the Tuesday open would be...'useful'. Oil actually looks to hold more immediate upside than Silver.

back after the close.