Steve Penny, Publisher of The SilverChartist Report, joins us to share a number of key charts on the (SPX) weekly chart of S&P 500, (TLT) monthly chart reflecting long-dated bonds, (DXY) US Dollar Index weekly, Silver monthly and weekly charts, (SILJ) Junior Silver Miners ETF weekly chart, and the Gold weekly and daily charts. [all charts are posted below so you can follow along]
We intermix some macro fundamental discussion in around these various markets to get an overall take on where the drivers of each sector will come from, in relation to price movements, and some thoughts on trading psychology and strategy towards the end.