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Commodities S&P500

$SPX, $GLD, $SLV. All up tonight?

Just thinking out loud tonight.

The index opens on strongly during pre-market with more than 1% gain.

At the same time, I am also seeing that GOLD ($GLD) and Silver ($SLV) is up as well.

Shouldn’t these be moving in opposite direction?

All of a sudden the issues at Libya does not seems to bother the market anymore. Gone also are the issues in Europe.

Keeping a close watch. May have to cut some loss tonight on my short positions.

By iam802

Trend trading with Ichimoku