It’s the first of the month again, let’s see how much buying we get from the cost average crowd in the equity indices this a.m.,Specifically we want to watch the early time frames for reversals of capital flow into 9 a.m. Central. Will the buying dry up or continue into London’s close?
Today should prove to be a very technical day of trading. We are in full wait and see mode. Short term traders should get opportunity from both sides of the market today.
We’re still interested in picking up some JJG around the 52.65 level. The 200 day mvg. avg. today comes in around 50.30 ish.
Current Holdings
Long Gold & Silver Via the GLD & SLV ETF’s ,Long JJG
