No Fun Friday

So today the POSX recovers most of what it lost yesterday and down go the Comex digital metals. If this all seems like it's a game that's rigged against you, that's because it is.

First, recall this chart from Tuesday. As you can see, every time the price of CDG has threatened to make a bullish cross of its 200-day moving average, The Banks have been quick to dilute Spec demand by adding massive amounts of new shorts....

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Key Economic Events Week of 11/25

11/25 Comex Option Expiration Day
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET Consumer Confidence
11/26 10:00 ET New home sales
11/26 2:00 ET November FOMC minutes
11/27 8:30 ET Durable Goods
11/27 8:30 ET Q3 GDP 2nd guess
11/27 9:45 ET Chicago PMI
11/27 10:00 ET PCE and Core PCE
11/27 10:00 ET Personal Inc ans Spend

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