None Shall Pass

After a rally in the China session, it appeared as if Comex Digital Silver was finally ready to take another stab at the $33 level. At least it appeared that way. However, after a high tick of $32.98 it was straight back down and now, here we sit, wondering if/when that level will finally be breached.

Let's start with a chart. Hey, that rhymes! Unfortunately, this sort of action doesn't just rhyme with the past two weeks, it's repeating....

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Key Economic Events Week of 3/24

3/24 9:45 ET S&P flash PMIs for March
3/24 1:45 ET Goon Bostic
3/25 8:40 ET Goon Kugler
3/25 9:00 ET Case-Shiller home prices
3/25 10:00 ET Consumer Confidence
3/25 10:00 ET New Home Sales
3/26 8:30 ET Durable Goods
3/26 10:00 ET Goon Kashnkari
3/26 1:10 ET Goon Musalem
3/26 1:30 ET April Comex option expiry
3/27 8:30 ET Q4 GDP final guess
3/27 10:00 ET Pending Home Sales
3/28 8:30 ET PCE and Core PCE
3/28 8:30 ET Personal Inc and Spend
3/29 10:00 ET Final UMich March
3/29 1:30 ET Apr25 gold off the board

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randomness