Gap down?

                                          What happens if it gaps down? Say goodbye to the chart! Have a good weekend, it was a wonderful week at Silver Ven. We got a chance to be riding on Silver's charm this week again. ;)

Eur/USD

The above currency pair needs to rally above that line there. Without that, the market's recent rally will not hold. Add to that, the market internals are very bad today.

Taking note of strong currency moves....

Currency moves are often related to the equity market movements. Note how the market rallied after a reversal by the currency pair above. Should the breakout become invalid,  I will post an update. Be careful if you are short the equity markets.

Amazon Inc.

AMZN is down premarket to 191$. If close is below 190$, sell short. Keep it simple!