US equity indexes mostly on a moderately positive note… Transports being the laggard.
sp’60min
VIX’60min
Summary
Teal gap fully filled.
S/t structure of a bullish pennant is playing out.
Big target is psy’7K… whether tomorrow or Wed’
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notable stock: AAPL
A key stock to watch. Earnings due Thurs’ AH
Daily momo is due to turn positive on Wed’
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notable weakness: INTC
S/t broken, with daily momo set to turn negative. Support $40
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notable silver ETF: SLV, daily
New hist’ high, with Silver $110s
It appears silver might print 160/170, with Gold $6K by March
… and that might be overly conservative.
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notable miner: PAAS
New hist’ high. Psy’ $100 isn’t looking so difficult now, is it?