On Friday, I ended up unsure if this market was going to drop much lower, so stayed out of market directional ETFs. Tonight, the spooz have lifted a bit, and stalled at 1095 resistance. Take that out, and we should move back to 1100. It’s a holiday week, so light trading could make it boring and/or volatile.
XAU is hugging that top trendline. It sure feels like it’s going to head to the next trendline above.
