A.M. Look 4/29/20

Silver rolled to July (N). If you use an Active Daily Continuation you’ll be looking at the correct
chart.

Silver Vs Euro & Swiss Franc Futures show upside breakout potential.

Silver (N) 15.59, its 50 DMA, needs to be sustained above after the FOMC this afternoon
to attract buyers.

Spoo’s went to the top of value.

GOOGL..up 100 is at weekly resistance and well below it’s all time high.
If this becomes an early sell for a gap retrace, the Indices will follow.

Oil held 10 dollars yesterday and the Oil majors PSX,CVX & XOM are lifting off.
Last man standing mentality.

I’ll defer to market action today.

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