Moving Past The Noise To Focus On The Longer Term Drivers Of The Market
Chris Temple is back from his trip to Ecuador and there are some key economic and market issues to discuss. We focus on the long term drivers not just in the US but globally as many other countries continue to struggle. There are a number of question marks for markets around the world and nothing seems to be getting sorted out.
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UUP (USD) is testing important resistance for the third time in the last five sessions:
http://schrts.co/73VF7L
The HUI will probably close the 82 point weekly gap of two weeks ago:
http://schrts.co/AuePDH
The sector probably won’t do much until after the Fed meeting.
http://schrts.co/898sVp
Gold stalled at an obvious resistance:
http://schrts.co/idqkXc
Silver would have to fall more than 2% to fill the 6 cent 12/3 gap:
http://schrts.co/b6hrBX
Trump……on the Wall…………
https://www.zerohedge.com/news/2018-12-11/trump-pelosi-and-schumer-square-surreal-oval-office-shouting-match