Will Silver Continue To Shine?

Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.


March silver
(
SIH2 |
Quote |
Chart |
News |
PowerRating)
appears to be stabilizing after retracing part of
its recent strong trend. This action suggests that its uptrend remains intact.

For the nimble top pickers, February live cattle
(
LCG2 |
Quote |
Chart |
News |
PowerRating)
appears to be
stalling out after bumping up against longer-term highs.

Best of luck with
your trading on Thursday!

face=”Arial, Helvetica”>Dave Landry

P.S. Reminder:
Protective stops on every trade!

 

src=”https://tradingmarkets.com/media/images/Landry/land-dlst.jpg” width=”94″ height=”132″>