Hello Everyone,
Quick Notes: The market held in once again, despite a little weakness in the morning, with all the major indexes closing positive for the day. The SPX rallied near a 61.8% Fib retracement zone, which was a positive. A pattern I'm monitor for the SPX is a potential diamond or sloppy inverse H&S pattern. Otherwise the onus is still on the Bulls.
Precious metals and stocks had a great day! Congrats if you bought some of these setups that I've been showing for nearly two weeks such as HMY, IAG, SLIJ, etc. The stocks have been leading the metal for over a week, which was bullish.
Matt
