Equities are a fine, choppy and sluggish mess this afternoon, with momentum names fading and the general energy of the tape is lacking.
Thus, I am staying on top of the metals and miners to see if they see a resumption of their early morning strength.
On the 30-minute gold ETF chart, you can see the yellow metal has been basing nicely all day.
And end-of-day push would be ideal for bulls. Similar comments apply to silver and the miners as a whole.
What are your top final hour ideas?
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Gold Markets Close at 1:30 :: these are critical levels :: I would not be looking for continuation at this late hour:: long overnights dangerous in here::full disclosure I have been Short Gold since Yellen
NICE support day in AGU. The weekly has a nice long roundish bottom feel to it. SD on the weekly looks promising as does WFT.
Final Hour Idea: agreed stocks are sloppy leading into Friday Employment Number: however $UA worth watching: can move quickly: full disclosure I am aggressively long UA
*stocks indeed sloppy: market no doubt has strength IMO
that’s a bad ass pic.
KWK is interesting.
considering the choppy/sloppyness: I would say I nailed the Final Hour Trade Call