Loading ...Despite the dollar and rates soft, things reversed course in the overnights sometime between 2 – 3 am eastern.
Most everything is down as well, SM, Bitcoin and oil. Oil getting hit for 1.5%
Silver taking the hardest hit, down $.56 but still above $46, gold only down $15, but still above $3800. PM shares are pretty weak. We could tell with the way NEM and B acted yesterday that we were probably going to pull back. The fight for HUI 600 is on.
We’ll see how far they let them fall before the buyers step back in. Hard to say because we are so overbought.
Let the games begin.