Thirty Important Hours To Come

Thu, May 6, 2021 - 10:16am

In yesterday's podcast, we discussed the likelihood that today would bring another rally and stab at the important $1800 and $27 levels. And here we are. But the fight is far from over and, with tomorrow being another BLSBS Friday, we must expect considerable Bank resistance in the hours ahead.

And we've already seen several designed flushes just since the Comex opened a little over an hour ago. Price continues to bounce back but you can clearly see the Bank footprints on this chart....

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Key Economic Events Week of 6/21

6/21 9:45 ET Goons Bullard and Kaplan
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6/24 9:30 ET Goons Bostic and Harker
6/24 11:00 ET Goon Williams
6/24 1:00 ET Goon Bullard again
6/25 8:30 ET Personal Inc and Spending
6/25 8:30 ET Core PCE
6/25 10:00 ET UMich Consumer Sentiment

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