Christmas holiday week begins with a mixed bag of a weak CDG but a firmer CDS, even though the POSX has been up all day. An odd mix, indeed, and something we should discuss today.
It's a slow week and you'd expect a lot of AlgoHell influence on the "markets" and that has been the case in the US today. But silver rallied overnight in China and CDS has been able to hold its gains through the day. A signal for later this week and next? Maybe. Let's see what tomorrow brings first.
For today, a general discussion of the day's events with the help of these images:...
