The Buy/Wait free email advisers were running 10/2 in my junk box yesterday.
One that suggested some caution was Joe Friday.
Silver- Large bearish reversal pattern (bearish wick) taking place
http://blog.kimblech...gsolutions.com/
Anyway from my point of view, the battle lines for next week and till the 4/29 OPEX have been set.
Strong fortifications (large OI) have been erected between the following parallels (option strikes):
GLD 121.00 - 116.50
SLV 17.00 - 15.50
GDX 24.50 - 21.50 and certainly above 20.00
Just my opinion/quick analysis but in a fierce battle as the middle of next week has the inherent potential to be,
they take no wounded prisoners.
Edited by tria, 22 April 2016 - 07:36 AM.