12/02 Trading Futures Update - Precious Metals-Up, S&P500-Up Way Biggly, Crypto-Down
steemsilvergold·@rollingthunder·
0.000 HBD12/02 Trading Futures Update - Precious Metals-Up, S&P500-Up Way Biggly, Crypto-Down
As we open up trading in the Far East, opening trading for the first full week of December, the last month of 2018. The G20 ended with much fan-fair, much tension, political showmanship. Trump looking away from Macron, not shacking hands w/MBS, putting pressure on Russia over Ukraine. Oil, no deal on cutting production, prices coming down. Precious Metals are up this morning, what a shock as PMs on Sunday night are down almost 90+A% of the time. USD is down about 0.37, releasing pressure of the commodity market. Look to a test of upper resistance at 14.84.  S&P500 is up biggly, pushing up to previous resistance, not above, giving me reservations to trust this rally, on basically no new news. To me, another reason to push the algo's up on low volume futures trading periods, see what NY trading brings this afternoon. Big gap up, gaps tend to be filled before any sustained move can continue.  Crypto fought the BTC price level at $4000, up and down all week-end. Tokens at 2073, total market-cap at 130 billion, BTC dominance flat at 53.6%   Keep stacking. Go get you some.  Thanks for following @RollingThunder
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