Thursday, November 6, 2014

Morning Charts 11/06/2014 SPX /es

Don't be fooled by their actions/control - Simple - you tell me where the truth lies - 

US Mint Sells Out Of Silver Eagles Following "Tremendous" Demand or “Global Scramble” For Silver - Coins “Hard To Get,” “Premiums Likely To Jump” or this

Not sure how many years I've been trying to encourage you to buy silver coins. DCAing into physical PMs is really no a bad idea. 

Lot's of balls in the air. I think the markets are nervous for many reasons, but then again all that matters is QE - nothing else (yet). 

On to the lie - 

SPX 30m - Just keeps getting worse, but we've seen this before many times. Two overthrows and needing another. What's different this time is that the overthrows used to backtest the point of overthrow before moving higher. This markets desperately needs a correction of some sort. 

More to come below. 

Have a good day. 

GL and GB!

No comments:

Post a Comment

Keep it civil and respectful to others.