Loading ...The USDX seems to be making a megaphone top. I was a little skeptical of the potential double top. The double top also contained a five point reverse point wave down. After taking out the bottom of the double top and rallying to new highs, a seven point reverse point wave down has been created. No sell signal yet.
The inverse PM markets are acting predictably. Paladium is down $38. today and silver is down $.30. Comex silver has support at $15.15 and the low so far today has been $15.135. Look for reversals soon.
rno