For the past week or so, we've been waiting for a key technical signal to finally appear in Comex Digital Silver. If you've been listening to the podcasts each day, then you knew this signal appeared late yesterday...and now look at what is taking place today.
So look, you know I'm not a proponent of full-on technical analysis. Much of it is simple hindsight hocus pocus. However, certain things are important and they are clearly factored into the programming of the HFT algorithms. One of those key factors is the configuration of price versus the moving averages. We discuss this...
