Market Sense and Sentiment

[bbgold]

TNX breaking down again
Time to see if the Markets will Follow. So far no MACD Negative crossover. Time to see if we retest the 100/320SMA on the Markets or Not. Back to using 8000 as a stop limit if holding Puts on the move back below the SMAs. Calls could be picked up near 7950 as a hedge or in anticipation of another bounce or the 100/320SMA holding Support. Could use 7900 as a stop limit on any Calls. Just Speculation, still hard to determine where we will go. Being above the 100/320SMA the Plan would still be leaning Bullish but below the SMAs hedged or holding Puts. JMHO though :^)