Let’s Try This Again

Alright, picture this scenario. It’s two days before Christmas and participation is drying up. Equities continue to run in churn mode near a medium term support zone. Patience is running thin and retail is shifting its attention from watching charts to wrapping Christmas presents and preparing for a seasonal culinary onslaught.

Sounds exactly like the type of tape that would tempt me to go hunting for entries. I didn’t grab a long position yesterday as I was bogged down with site development and dealing with lazy customer alienating Spanish shipping companies. On the upside my Spanish curse word vocabulary is growing steadily. Anyway, this is my next best chance to grab some exposure and I’m long with a stop below 2008.

If you live in Spain or missed out on the divergent Zero signal yesterday (see above) then you may want to do the same. The hourly signal is clearly divergent at this point and at this point the odds support continuation higher.

I wanted to throw this up before the bell, but will be hunting around for a few more symbols. So please reload this post in a few minutes.

Call me crazy and you would be right. Either way I like silver here as a long. Yes, I can’t believe I just said that. Stop goes below 14.15 – or if you want to be original make it 14.14.

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