The Euro is seemingly following the weekly reversal #’s by rejecting
the 134.40 area. This currency as well as pretty much
all other instruments except the Gold and Silver have reversed direction
since Friday’s close. The question is whether this is just a natural
occurrence from overbought directional moves ( RSI release) or something bigger.
The only trade I want to do this a.m. is to lighten up on the gold & Silver
along with the mining stocks if the Dec. Silver trades to the 30.40 tgt.
