A.M. Look 8/31/26

Risk spreads have bounced off momentum
support.

Oil has to show itself before committing to direction.

The point & Figure shows a major level to get through, once above there is a lot of room to run.

Silver technicals are running the metals. I thought the break was a lemming effect puke at the end of day Friday.

I’m more interested in the miners. Can they hold here or will they retest the weekly cloud SIL breakout @ 94.

This entry was posted in Archive. Bookmark the permalink.