/DX (US Dollar Index futures) took out the minor trendline which sparked a rally up to the more significant primary downtrend line with a sell signal still pending a solid break above it. 60-minute chart below.
DX 60m June 4th
Still awaiting a sell signal on /E7 Euro futures on solid breakdowns below this primary uptrend line as well as the minor trendline just below following a spike in volatility early today on news that the European Central Bank is expanding its bond-buying program beyond $1.5 trillion.
E7 60m June 4th
/GC gold sell signal pending a solid break below the 1698 support as well as a breakout in /DX US Dollar futures.
GC 60m June 4th
There have been two reactions off the 17.736 target/support level on /SI silver so far since falling to it yesterday with the next sell signal to come on a solid break below it, ideally with a confirming breakout in /DX US Dollar futures. I’m also watching for a potential reaction off this trendline as that would help to validate it and possibly lead to a whipsaw sell signal if /SI rallies substantially off that trendline while a solid break below it would increase the odds of the next target of 17.26ish being hit.
SI 60m June 4th