By Cory S&P short of 2,400 and the CRB chart breakdown
Another slow day across the board but there are a couple chart levels that we can watch for this week. First the S&P just can not seem to close above 2,400. It surpassed this level intraday but could not hold by the market close. Next is the CRB index which is breaking down from its trading range of over a year. If there is a continued follow through commodities will have a tough fight to get investors back. A final couple comments are made on the silver and gold charts. Watch those uptrend lines on a weekly chart.
Download audio file (2017_05_09-Market-Wrap.mp3)
Source:: The Korelin Economics Report
The post Daily Market Wrap – Tue 9 May, 2017 appeared first on Junior Mining Analyst.