Monday Morning Briefing
Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.
Looks like silver is limping behind gold this morning as the latter just dropped below its 25-hour SMA. I’m short here with a stop above the 100-hour SMA. Not sure how long this one will be valid as the pace is starting to pick up.
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This entry was posted on Monday, January 7th, 2013 at 8:30 am. Both comments and pings are currently closed.