It's going to be an unusual, holiday-shortened week with the U.S. holiday of Thanksgiving closing all of our markets on Thursday, followed by a shortened session on Black Friday. Though the schedule is unusual, the timing of the Monday metals dump is not.
In fact, today's Asian, London and early Comex action looks a lot like last Monday and many previous Mondays. Of course, last week, we posted the lows of the week on Monday morning so would it be too much to ask for that pattern to play out again? Maybe. Especially when you consider we still have Dec23 option expiration pending...
