US equities continue to hold moderate gains, and the only issue is whether we see a weekly close above or below the sp'2100 threshold. Considering ongoing price action, along with the bigger daily/weekly MACD cycles... a close in the 2100s is viable. Metals remain weak, Gold -$4, with Silver -1.0%.
re: Gold. Set for the fifth consecutive net weekly decline, having broken a new multi-year low of $1062.
Of course.. the floor callers are still out there. For now.. there is simply not enough capitulation in the precious metals mining sector.
VIX update from Mr T.
time for tea :)
12.15pm.. oh noes... seat belt problems for TSLA
A company that loses money on EVERY single sale. Not bullish.