DD…the bulk of this rally looks over to me. Any longs should lock in their money.
Silver...is trading right @ it’s 200 DMA. Price action above 16.12 will lead to another push higher.
How much downside we get from here in the U.S. Indices remains to be seen.
Most of what I see seems to be profit taking in LONG U.S. vs Short Europe.
I used the rally to buy the 10/16 198 SPY puts.
Spu’s still need under 1965 to break anywhere.