sp'60min
Summary
Today will likely be the quietest day of the week, things really don't get going until tomorrow.
Considering the price action last Friday, we'll surely close higher today, and with QE of $3bn, the bulls could manage their first close in the sp'1700s.
--
*I am still long SLV, and seeking an exit later this morning. I'm certainly looking to short the indexes, but no earlier than Wednesday morning, and preferably in the sp'1710/20s.
--
9.04am... and the metals break to the downside. Hmm. Hourly charts are still suggestive of broader gains as the day progresses.