Good morning Traders . Thanks Highlandlad.
Great to see all the die hard traders are in attendance on this public holiday .
The backdrop not looking that pretty this morning with “ a Bear Stearns moment “ in one corner and a rapidly falling copper price in the other both flanking a slowing Chinese Export market.
Oh well at least the jobs numbers in US were ok. I wonder how many of those new jobs were Snow Plow drivers whose jobs may evaporate with the melting snow?
They certainly ran the stops on copper, taking out a number of pivot lows under heavy volume.
Silver also got pushed below 21 for the first time in a few weeks. Down 59 cents ( 20.90 )
The Euro been flirting with 2 ½ year highs against the USD.
Check your open orders.
Trade safe.
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