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Originally Posted by coolhand

The bulls came out hard to start the new week off, but that was the morning session. And while the averages closed with nice gains, they closed well off their lows of the day as price fell dramatically in late afternoon trade. Something is going on. I saw this article early in the trading day. Make of it what you will.

https://www.zerohedge.com/markets/mo...fering-outages

And did you see what happened to precious metal? Slammed.

...

Friday was a flat day after the tremendous election week rally. The Dow was down 67-points, and S&P 500 lost 1, and that was after a monster 7 - 8% rally in TSP funds last week in the preceding four days of trading. The jobs report was good but the market had come a long way leading up to that report and we may have seen some profit taking to end the week, so the bears were unable to do much more than that. Are they going to take a stand this week as we approach some resistance on the charts? ...