10:51 AM – Metals and Miners are exhibiting continued signs of weakness today. If prices remain under pressure, we could see gold finally close beneath the 10-day EMA. There’s lots of trading left; let’s see how prices respond.
11:39 AM – Crude oil is breaking below the $52.70-$52.50 level. I removed the remainder of the hedge on my short position. $51.55 is the next level of support.