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Lovely pop and drop.
From a +11.50 to the -5.
You gotta love DDUD season.
Plan your trade, trade your plan!
Now Gold and Silver want to rally lol.
Bring it on.
However so does ES. Back to +10.
So yesterday hit 2040 to the dot.
We are back to highs of day and that 2063/5 area.
Plan your trade, trade your plan!
Well wow its going nuts up now.
I really, really, really hope thats not the downside over and this is the move into crooks quad oe started.
Sold 2069.25
Plan your trade, trade your plan!
I was driving and I saw -3 no up 17 wtf at least gold and silver up
I tried calling you a few times Dan
Plan your trade, trade your plan!
Well something I really cannot make sense of is TRIN.
Yesterday market was well down and TRIN was low?
Today its well up and TRIN is high?
Plan your trade, trade your plan!
Too soon for that Kman :p
I think so to but if it is one thing I have learnt in life, its to never trust the crooks
Plan your trade, trade your plan!
I asked IG Index what would happen if comex defaulted on a gold or silver delivery…
Dear Mr. Slack,
Thanks for your email.
IG offers CFDs on spot gold and spot silver which is priced from the FX market as well as CFDs on gold futures and silver futures which are priced off of the COMEX.
We are the counter party to these contracts and cannot comment on what may or may not happy should an exchange default on its ability to make physical delivery on these contracts.
If you have any further queries please do not hesitate to contact us. Alternatively, please visit our Help and Support section where you can search for frequently asked queries.
Well something I really cannot make sense of is TRIN. Yesterday market was well down and TRIN was low? Today its well up and TRIN is high?
well because of yesterday’s low trin it explains the 30 handle bounce.
By the same logic a high trin / SU day will prolly result in the crooks pulling the rug early next week. I certainly expect more volatility ahead of opex /fomc in the coming days.
lol Dan.
Yes SMashie, my thoughts too. Ie, yesterdays low trin has caused this and todays high will cause a fall.
There has to be a MUST HOLD and for me that is currently 2075.
Plan your trade, trade your plan!
Oil really is an unknown here.
I think its going to go lower towards a low 30’s prints (30-33 area)
Plan your trade, trade your plan!
lol Dan. Yes SMashie, my thoughts too. Ie, yesterdays low trin has caused this and todays high will cause a fall. There has to be a MUST HOLD and for me that is currently 2075.
We just hit 2074.75 vs my MUST HOLD of 2075.
I will give it a little room, say to 2080 before I have to start to think or concede the downside is over.
Plan your trade, trade your plan!
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