7 replies to this topic

[CHAx]

But, don't forget there are other bull markets fighting off selling pressure this AM as well.  Theoretically, good jobs data should be bad for PMs, but they aren't budging lower, and instead reversing early selling pressure.   GC and SI looking quite healthy considering that *usually* days like this, the market slams PM prices. 

[gannman]

i think one more run up to new highs or a try for new highs in the sp 

 

and then the chance of a major collapse 

[12SPX]

Surprised all the employment gains were given up which only gave me a 2 point profit on my short but my 3142 is sitting on a profit of 12 with my profit stop at 3130, inchs away lol!!! 

[12SPX]

And out for a 12 point profit, see about later on here!! 

[gm_general]

$VIX dipping its toes today in 200 SMA - will it break below this time or on next attempt?

[LMF]

VIX gap on the daily Chart down to 18.21......by that point the bears will be on life support.

[steadyquest]

"$VIX dipping its toes today in 200 SMA - will it break below this time or on next attempt?"

 

Probably the next one.

jmho

 

[CHAx]

GC and SI making important moves today.  IT silver *looking* bullish, LT gold confirming bullish.

 

 

For the last few weeks they have opened nearly every single New York session with heavy selling in SI and GC.  They have found buyers almost every single time, and rallied for the remainder of the sessions after the first hour.  Doubt this pattern continues for much longer, but its been a money maker.

Edited by CHAx, 07 July 2020 - 09:16 AM.