As the dollar moves up towards the 79 -80 level, we are watching commodity prices move lower. The inverse relation ship continues.
Look for front month silver to test 15.80 and front month gold to test 1075.
Watch for an over reaction to the down side in the stocks, as the Dow flirts with a settlement below 10,000. Such a settlement would undoubtedly spark a new round of short selling.
Good Trading
