5:45 P.M Brief update as we don't have too much time this week. The level highs from our Jun 8th turn date has produced a reversal.
Our trades - We covered a lot of left over SPY slivers from 950/960. We will look to short gold and silver stocks on any palpable bounce. We covered them PM shorts a bit too early on friday. Shorting PM looks the best trade in town. But no worries.
The message is clear - don't try any "bottom fishing" until next week (Jun 22-25 cycle turn) to see how the pullback ensues. Intermediate term, we are looking higher into august.
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