All Silver Smiles & Big Earnings Day
TSLA, MSFT & CMG on our radar
Big story this morning is once again Silver as it is trading above $23 right now up another $1.60 and 7+%. We would like to note a few levels now if we are indeed breaking out of this 4 month long bull channel. We actually feel sorry for all the correct Silver longs that may have bailed with that Covid drubbing down to $12 what a crazy run that was. Well that is long well past in the rear view mirror now as $23.81 and $25.06 are the upside extension targets here:
As far as the equities, we know its a big Tech day today with TSLA more of a highlight than MSFT as Tesla has the most to prove here especially if it wants inclusion in the SP500, which would mean it would actually have to be profitable! Anyway here is the SP500 futures chart 3220-3300 wider channel range today:
