1715 is the first 30% Fib retrace from the 1793 Leap Year high.

A close today over 1705 puts in an ORH day, defining a trad able low. The Silver ORH # is 34.19 for the all session (K) May contract.

The dollar rally has caused funds to be placed to work in dollar denominated assets. Hence, the rally in Oil and other hard assets.

The Money has to go somewhere…Right now it’s the usual suspects! High Yielding Stocks and Dollar denominated hard Assets.