S&P,Russell,Midcap,Nasd…(whatever your chosen instruments) we are using stops over yesterdays futures highs on a closing basis to manage our shorts.
TBT…same stop as yesterday 32.20
PAAS..Needs to hold right in here.
Gold & Silver…The charts in both look vulnerable to a very big break, however I will give it a little time to see just how much is margin related selling due to the stock implosion.
Along that same line of thinking the dollar has a big bid as well.
Corn ETF’s…use the original stop on the remainder of your position. I am expecting to see 46.65 in this etf again.
JJG…we’re waiting to add on new strength over a 55.26 close or $2 dollars lower.
REE…the stop is a close below 9.50…do not add…this will trade with the stock indices.
