Perhaps another shake out coming tomorrow with Fed talk coming tomorrow. Still long term bullish but grabbed a handful of cheap SLV puts at the close today just in case volatility strikes again
Yorum:
The move down occurred just as expected but found support on a higher trend line after filling the gap. I had expected consolidation to run through September 20. With this three day test of the low successfully completed, I will expect prices to rally to test the recent highs quickly. Should we not take out the highs, a more pronounced down move will be in the card.