Continued liquidity allows the markets to grind higher. The constant failure of reversal signals may continue for weeks and months as Central Bank intervention continues. Traders should now monitor the Nasdaq for further divergence from the Dow30 and S&P 500; we may be seeing the first crack in the current bull run. Watch this space, Volatility remains at very low levels, as traders become complacent about forward risk. Gold has recovered most of last Monday’s flash crash, the prior Friday’s close was down -$42.00 leading into Monday’s opening meltdown, Silver went for the ride but has not recovered in line with ... (full story)