Continuing along the theme of declining liquidity hitting the metals markets, I share with you a chart of silver I sent to Members of our Options Predator service last week:Just when it started to look like it was time to back up the truck trade to sell EURUSD Batman-Kabam! Smack! Crush! Slam!
EURUSD broke its hourly downtrend today on "Greek Optimism;" whatever that means.
I would go out on a limb and suggest that these people don't appear very optimistic about the prospects of austerity turning the frown upside down: |
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