Bad News for Bears

We found an E-Mini bottom to trade during this session, since the futures had plummeted 12 points, to within a hair of an opportune midpoint pivot identified that same morning in a tout. After the trade triggered, we followed it to the point of “success,” i.e., to the C-D midpoint, where we were able to cash out half of the position. Moving on to other charts, we found some good technical reasons to be untroubled by bullion’s weakness. We also saw, in real time on the Diamonds’ weekly chart, why stock market bears should brace for more upside of as much as 900 points.