1pm update - is it turkey time yet?

The main indexes are holding slight gains ahead of the Thanksgiving break. With the sp' still stuck under 1808, there remains moderate chance of downside into early next week, but underlying pressure remains to the upside. Metals continue to slide..along with Oil, -2.1%


sp'60min (with metals)

SLV, daily3, H/S

Summary

Quiet day...as expected.

Most notable..the strength in AAPL, whilst Oil/metals both very weak.
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*I remain short SLV from 19.23, seeking my next exit in the 18.60/50s this Friday/early next week.

My target for the current multi-week cycle is a very clear 17...if not even 15..which would really rattle the gold/silver bugs into year end.