It's another weak day on Comex which is pretty much what we expected after reviewing the option open interest yesterday. But it's just a day and it will be over soon enough and then we can turn our focus to the news and events pending for later this week.
If you missed it yesterday, here again is the option open interest chart from late Friday. Note that the clear "sweet spot" is somewhere between $1925 and $1930. Expect price to be pinned into that area into today's option pricing at the Comex close....
