A.M. Look 1/15/26

Let’s see who is riding the ride today.

Indices will revolve around TSM. Pay attention for back and fill.

I remain small in Silver with Gold being the big position.

I imagine you’ll continue to see the margin squeezes in Asia as well as here in the states.

Silver needs to sustain higher on the day.

Oil rejected its 200 DMA and last night came into support. Gasoline shows the same pattern.

Yesterday we looked at most of the world bourses. Mexico & Hedged Japan stand out.

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