Spoo’s have knocked on the door of a 50% target level for the better part of the past two sessions
Risk spreads are positive.
I have no preconceived notions about today.
We will have a short discussion regarding Bollinger bands as the naysayers
are using this to justify saying we’re at a market top.
The big feature is the weakening Dollar in which Platinum is the metal of choice.
Platinum should continue to be strong against the Copper as the latter approaches its lifetime .618 Fib and matrix level.
Silver is putting in strong weekly patterns against the currencies outpacing dollar weakness.
The Oil trades are working as all the Fundamental blather is negative with positive charts.
Follow the yellow brick road!