Once again the correlation between silver and crude intraday has asymptoted to 1. As Crude accelerates higher so silver has surged - bouncing off its 100DMA...
Silver Soars..
Click on picture to enlarge
Tracking Crude...
Click on picture to enlarge
it seems they have recoupled from earlier in the week...
Click on picture to enlarge
Charts: Bloomberg
Comments
Log in or sign up to join the conversation.