First up, for anyone new to Turd's World, here's a visual of today's pre-market planning meeting at JPM:
We did successfully paint another wonderful FUBM formation on the intra-day chart. HAHAHAHAHA!
Now, Blythe must be watched very closely this afternoon as she is, most assuredly, getting desperate. Remember this? It was only two weeks ago today:
Do not be surprised if she attacks again on the Globex this afternoon. I say again because she's already done it once:
1) short even more new paper silver contracts and incur even greater losses during the inevitable pop, or,
2) give up and not intervene tomorrow?
Thankfully, she loses either way. HAHAHAHAHA
Now, in fairness, the USDX isn't helping our cause. It definitely looks like it has broken upward and now the area around 81.40-60 must be watched very closely as a move through there could be quite harmful to the short-term prospects of the metals.
And please remember to "visit our sponsors" on your way out the door. The Turd needs to do some Xmas shopping for Mrs. Ferguson and the two little Turds. Thanks again for participating! TF
A quick 4:20 EST update:
Both copied for JSM. First, read this:
Trader Dan is The Man!
Next, for those of you that get all excited over TA, I present you with this:
The timing sure coincides with my thoughts on an imminent, upside breakout. We'll see.