10am update - choppy gains

The main market is holding moderate gains, but its a real choppy mess right now, and the bulls actually look in danger of seeing the indexes turn red later this morning. Metals are on the slide, Gold -$9, Oil is -0.7%, with the daily charts for both looking especially weak.


sp'60min

Summary

So, a small jump to 1693, but the market is looking a bit shaky.

Baring a break <1680, I have to hold to the original outlook, which is still calling for higher levels into tomorrow.
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As ever...thats what trading stops are for.
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Complete loss of support in POT, MOS, and SQM

POT, daily

Due to some trading deal, Mr Market is assuming prices are set to tumble. Argubly, those 3 stocks are to be left alone, but no doubt..knife catchers galore in there this morning.

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As for SLV, I got the kick...@ 18.99.

 
If that was the low of the week....well, I won't be surprised. Regardless, I don't like the break of channel, and the loss of the 19s.

So, I'm out of that mess, and back on the sidelines. Hmmm