JNUG made a strong right, head and shoulder top, which indicates a drop but coming back and taking out the old high. It appears we are getting and inside day reversal up but some very significant resistance is above the market. Historically, if the old high is taken out, a very significant move up will follow. Fundamentals are coming into play which may send the PM markets much higher. Hang on tight.
An early freeze in the corn belt would be supportive of higher overall commodity prices. The perfect storm may be brewing again.
rno