Closing Brief

The main indexes closed a little higher, but there was certainly a touch of weakness in the closing hour. Oil closed around 1% lower, and is perhaps the most bearish sign out there right now. Metals failed to see follow through after yesterdays strong upside reversal.


sp'60min

Summary

Another Tuesday higher, pretty tiresome for those who are tired of the melt.
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*I will look for another long tomorrow, in SLV or USO, however if the general price action turns bearish as a result of the Bernanke, I will probably sit it all out until next Tuesday.
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