Happy Monday

Mon, Aug 23, 2021 - 10:28am

Though I'm always a little suspicious of Monday rallies out of concern that The Banks are setting us up for a late week reversal, it's nice to see the Comex metals begin the week with a surge to the upside, especially when you consider where we were two weeks ago today.

And yes it was just two weeks ago today that we began the week with the 6:45 pm ET price smash that took CDG all the way down to what now looks like a double bottom/washout low of $1680. In case you've already put that out of your memory, here's a reminder:...

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10/19 3:00 ET Goon Waller
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10/20 2:00 ET Fed Beige Book
10/21 8:30 ET Philly Fed
10/21 10:00 ET LEIII
10/22 9:45 ET October Flash PMIs

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