11/22 Trading Futures Update - Precious Metals-Up, S&P500 Flat, Crypto-Down
As we open with mixed markets open today as the USSA celebrates Thanksgiving Day, with turkey and NFL football.
Precious metals had a bounce as the USD dropped yesterday, for the first time in a week, it looks to trade toward the upper resistance levels.
S&P500 futures was up early in trading yesterday about 30 points but ended up only 8. The DOW closed at -0.95, talk about manipulation of the tape. Today's red candle has nearly wiped out yesterday's gain. I think Black Friday could be bloody limit down Friday. Candle pattern not encouraging.
Crypto and BTC caught a bid at $4,000, but showing signs of weakness this morning.
Keep stacking. Go get you some.
Thanks for following @RollingThunder
@krnl OIL shares and Precious metals shares have serious correlations with USD price changes.
Thanks for the information, I may think about adding oil to my chart as it is an important economic indicator.
@krnel this post is linked to your post on OIL pricing and its relationships with the precious metals and Foreign currency