Closing thoughts

1:01 pm. We closed .01 above the prints on GLD at 115.85 which is normally bullish. It looks like TLT could make one more high and the dollar one more low. I am waiting for the TLT to complete this wave higher with a new high above 123.14 on negative divergence so I can re-short the VXX.

screen-shot-2017-01-17-at-1-01-36-pm

Silver also had a strong close just above the downtrend line.

screen-shot-2017-01-17-at-1-05-37-pm

Leave a comment