Mid A.M. 9/17/10

Gold 1272.40

silver 20.635

Platinum 1601.50


Closes below the above levels will put in outside reversal days to the downside.

Price negative the metals..


Of note…Dr. Nenner has short term highs in the Canada and Aussie…timing is today

into next week..This would be price negative the stocks and metals short term..


So far we’ve seen buying of Euro against the 130.30 level and profit taking in the metals from

a very overbought condition.


A close in the SPZ ( Dec. future) under 1113 would put in an outside reversal day to the downside.

This would be a price negative formation…


October crude expires next week! The (x) Nov. is trading at a $1.30 premium! Pay attention to the spreads.

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