Loading ...Today we need a reversal day on massive volume with positive closes but one thing is for certain, the Commercials will be net long for the first time EVER on a reporting basis either tomorrow or a week from tomorrow. THAT will mark the turn.
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In the interim, if we do NOT turn today or tomorrow and get closes back over $1,200 Au and $15 Ag, we are heading to new lows below the 2015 bottoms AND the resumption of the 2011-? bear market.