sp'60min'3
sp'daily5
Summary
Well, its been a very stormy night/morning in London city, perhaps that is good bear weather?
To see the market higher again...is most certainly not a surprise.
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Equity bears should be VERY concerned about today. A break over 1700 will no doubt get the mainstream at least marginally hysterical, and the sp'1710/20s are viable by the close of today.
There is sig' QE of $3bn, the bears really don't have any hope today..either.
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*I am considering an SLV long.
It had a good run yesterday, and its been cooling off since late Monday afternoon.
With the break outside of the weekly down channel (for Gold, not yet Silver) metals look set for higher levels later this week.
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Good wishes for Tuesday!