A.M. Look 11/19/19

It’s not the high in the Indices.

I might as well just say it before everyone asks when the room is open.

The most I’d expect is a small back and fill to 8345.75 Nasd.

The Risk spreads are lagging on this rally.

Pit traders made money being contra trend market makers.

It’s a tough way to make a living in the world of the one-way bots.

Trade with the market.

DB...Deutsche Bank put in an ORH bottoming pattern yesterday.
I didn’t mention it yesterday since I’ve no intention of getting involved.

Gold was a wet blanket.
Silver showed some follow through against the currencies, but has yet to break out above resistance @ 17.15

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