sp'daily5
Summary
Daily charts are still looking pretty bullish, especially for tomorrow.
A break >1698, will open up the 1710/20s.
Right now, I would feel comfortable shorting the market anywhere in the 1715/25 area.
I am trying to keep in mind that its possible the sub'5 won't complete until the tail end of this week, or even early next.
As ever..one day at a time.
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*I was kicked out of a lousy SLV-long position very early in the morning. The near term outlook for the metals remains a bit of a mess. Gold and Silver remain stuck right under the May/June support floor.
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VIX update from Mr T.
time for lunch