Greetings from a flight across the nation, as I head toward Philadelphia. The legend of Bear Force One was buried long ago, and for obvious reasons, such as the chart below. Equities are blasting straight higher for No Particular Reason ™ although I haven’t been stopped out of a single thing.
I remain obsessed with following silver’s every move. At the moment, /SI is down a bit, in spite of equities being green across the board. I am adjusting the neckline of the ostensible H&S pattern until it is clear (which it hopefully will ultimately be) what the “actual” neckline level is. This result will dictate the target drop which, in turn, will dictate when I gobble up silver like Oprah at an all-you-can-eat Marie Callender’s.
Posting from a plane has its challenges, but I should be able to muddle through all right as I head into the most important swing state in the country. Just elven more days to go, folks!
