Precious Metals Short; Indices Short...market breadth warning signs

Is this the end of the precious metals run? Well it is certainly due some type of retracement. Seasonally, October is a bearish period for Silver and Gold. Precious metals across the board have ranged over the past few weeks at levels of resistance with market breadth indicators showing a slow down.

We also have the Dow Jones Industrial Average losing momentum just before its all time highs. The triple top with a weak rally and a seasonally bearish period for the beginning of October (stocks tend to rally the closer we get to the US elections in November), all present a potential shorting opportunity.

FX to follow!