Silver – Page 58 – Spiral Calendar

Metals Trying

Gold is trying to make our Solunar Model look good. Success is not assured however.

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The metals are certainly trying to bottom in this vicinity. Whether they succeed, remains to be seen.

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Some markets may be ready to change direction. But it doesn't seem that the U.S. stock market is among them.

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We may get an answer to that question soon.

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My measurement of ECB and FED money printing continues to rise.

click chart to enlarge

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The late day fade exposed the rally as a potential farce. Let's see how Europe follows through tomorrow.

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My Solunar Model charts for the Dow and Gold are updated within. The S&P 500 is at critical support now.

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The next two days are crucial. If the bulls can't generate follow through to Friday's rally, expect further declines.

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