Stock Indices…Metals & Miners

We’re now at the levels that will either hold or they won’t.

So anyone trying to be long should not risk much. “Not much more than a couple of handles below today’s low.” If your Bullish this is the area…

The highs were the types of levels that will almost always reject the first time up. 1/2 way back on the year in the Nasd…”particularly since the swing took less than 3 days.” Spu high was just about a 30% correction..

Metals are holding and we will buy back our position if we get our closing #’s.

Miners are acting well. We still need a close above 30.66 tomorrow in PAAS.

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