DOW 15,386.60 0.33%

NASDAQ 3,505.23 0.25%

S&P 500 1,670.47 0.25%

VIX 13.03 0.08%
SPX 500 (CFD) 1,670.40 0.25%

DOW (CFD) 15,384.50 0.32%

NASDAQ 100 3,030.90 0.33%

EURUSD 1.291 0.24%
UK 6,803.30 0.71%

GERMANY 8,471.00 0.19%

FRANCE 4,035.50 0.33%

SPAIN 8,468.50 -0.60%
H. KONG 23,381.00 -0.54%

JAPAN 15,401.00 0.13%

KOREA 1,981.09 -0.07%

SHANGHAI 2,305.11 0.22%
NAT GAS 4.16 1.78%

GOLD 1,376.40 -0.56%

SILVER 22.47 -0.47%

COPPER 3.34 -0.48%
FRANCE 2YR 0.19 -10.90%

GERMAN 2YR 0.01 240.00%

ITALIAN 2YR 2.18 27.59%

SPAIN 2YR 2.81 8.21%
FRANCE 10YR 1.90 1.22%

GERMAN 10YR 1.39 1.09%

ITALIAN 10YR 3.92 0.69%

SPAIN 10YR 4.19 -0.38%
WTI 96.34 -0.38%

BRENT 104.47 -0.31%

WTI/BRENT 8.13

321 CR SPR 21.96 10.04%

Metals and Miners Try to Get Their Shine Back

By chessNwine – Fri Dec 21, 2012 10:34am – No Comments

Specifically, the gold (and many silver) miners printed hammer reversal candlesticks yesterday on a textbook gap after an established prior downtrend. Even with the sell-off in stock futures overnight, miners are following-through to the upside today. Even with the recent slump, gold miners came nowhere close to breaching last summer’s lows. Holding the hammer lows is key for bulls, but the more aggressive buying we see here the more promising the prospect of strong rally becomes.

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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,386.60 0.33% NASDAQ 3,505.23 0.25% S&P 500 1,670.47 0.25% VIX 13.03 0.08%	SPX 500 (CFD) 1,670.40 0.25% DOW (CFD) 15,384.50 0.32% NASDAQ 100 3,030.90 0.33% EURUSD 1.291 0.24%	UK 6,803.30 0.71% GERMANY 8,471.00 0.19% FRANCE 4,035.50 0.33% SPAIN 8,468.50 -0.60%	H. KONG 23,381.00 -0.54% JAPAN 15,401.00 0.13% KOREA 1,981.09 -0.07% SHANGHAI 2,305.11 0.22%	NAT GAS 4.16 1.78% GOLD 1,376.40 -0.56% SILVER 22.47 -0.47% COPPER 3.34 -0.48%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.01 240.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.90 1.22% GERMAN 10YR 1.39 1.09% ITALIAN 10YR 3.92 0.69% SPAIN 10YR 4.19 -0.38%	WTI 96.34 -0.38% BRENT 104.47 -0.31% WTI/BRENT 8.13 321 CR SPR 21.96 10.04%