Testing One’s Mettle

Equity futures are green across the board this morning, with the /ES pushing higher through the night.

Before any surviving bears jumps off the nearest radio tower, kindly note the longer-term view shows this morning is just a blip. Broadly speaking, the rotting continues.

Speaking of rotting, the US Dollar continues to wither away against the Japanese Yen.

Which is allowing precious metals to continue to blossom (making my entry on Tuesday a good choice), with gold up……..

………silver up………

……and our dear old friend palladium:

I am coming into the day with 150% commitment level, but I’ll probably trim some risk here and there in light of tomorrow morning’s jobs report. I’m also going to be somewhat distracted tomorrow since I’ll be heading to the airport later in the trading day.