Tuesday March 12th

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March 9th – Big Picture Formations

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This is a long weekend report, but I want to discuss a few reminders pertaining to The Precious Metals sector, so lets dig right in...

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SPX WEEKLY - I was expecting a drop in the general Markets, so I went short.  The Jobs report was a HUGE miss, but the selling actually started before that report was released.  As you can see, we got a big 1 week drop. Prior drops like that usually were not isolated '1 week wonders', so we may get some follow through selling to the 10 weekly MA.

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Friday March 8

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We have reached the last trading day of the week again.  Let's see how things have been playing out...

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