A lot will depend on whether we get a breakdown early next week,
or a support will hold and we get a high on $SPX. A high on $spx
should correspond to a low on $gold. If we break down support and
hold it, then I would favor a high on $gold.
A good overview going into Monday:
http://emini-watch.com/emini-down-toilet/6684/
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Possibly. The short position are
Any one looking for SLV lows in June and where in view of Cot commercials still quite short now? THX
Posted by junkie on 31st of May 2015 at 10:56 am
Possibly. The short position are not extreme a barchart of COT positions.
A lot will depend on whether we get a breakdown early next week, or a support will hold and we get a high on $SPX. A high on $spx should correspond to a low on $gold. If we break down support and hold it, then I would favor a high on $gold.
A good overview going into Monday: http://emini-watch.com/emini-down-toilet/6684/