10:04. ABEV more than 6,000,000 shares traded today from 4.77-4.80. I bought some today. I guess I needed a drink after yesterday’s trading. Just kidding. I rarely drink if ever, maybe I had a couple sips of champagne at a wedding toast I did several months ago. My favorite drink is hot chocolate with cinnamon and ginseng. Cheers … If we close above.

10:31. I should add though, to be ultra cautious, I would prefer to see the gap closed this morning, then a higher low retrace before taking any long-side position.

9:54 am. At the risk of sounding like a perma-bull gold shrill, this “might” be a tradeable bottom here in TLT, gold, silver, the miners. I only say that because TLT and gold have very similar patterns and it looks like TLT could bounce to 119-120ish.

9:26. Speaking of the devil. Two HUMUNGOUS prints just came in at 116.20 – 6,613,750 x2. That equals $768,517,750.00 just traded about now. Someone is really serious about this trade. If we close below, it was a market maker selling. If we close above, bullish.

9:07 am.Could retrace to the 4/8 EMAs before going higher again. Same with QQQ.

8:49 scalped DGAZ +.20, +.09

8:08 Print 3.83, 245,000 traded.

7:33 watching UGAZ, could go to new highs

7:30. I have a partial position in FCX. If it closes well. I will add on.

6:58 FCX looks interesting

6:25. QQQ is holding up remarkably well this premarket morning. Maybe, just maybe, this is only a wave (1) with a shallow wave (2) correction to the 118.80 or 118.16 area.

6:19 am. I imagine GDX will likely go to at least 18.80 today. I will watch to see what the market makers do today. Good luck!

If gold is going to below $1000.