![](http://www.dukascopy.com/imageserver/img/b6ed1e8e1789bb62ebb31c6d58b3e48f/500_2/image187.jpg)
Equities have dropped a little lower overnight and we're now testing the 100-hour SMA. If I wasn't long already in my ongoing campaign I would be here with a stop below ~1958. If supports fails then the next probable scenario is a visit of the lower 100-hour BB which coincides with NLSL at 1944.5.
![](http://www.dukascopy.com/imageserver/img/de619d13c1508bc620c60487ab2a7617/500_2/image178.jpg)
Here's another view at the scenario on the hourly panel - the onus is now on the bulls to keep up the pace or we run the risk of a little correction.
![](http://www.dukascopy.com/imageserver/img/0ef1de2e9477b5cc54b71e30f6cf8e23/500_2/image314.jpg)
Platinum was one of our short setups from last night and it's been very favorable so far. Time to move your stop to b/e and to take 50% off the table.
![](http://www.dukascopy.com/imageserver/img/08ab469e95f05016f604b618aee2c33a/500_2/image558.jpg)
Silver was the second one and here I'm moving my stop to 1.2R and also take 50% off the table. After such a drop odds are we're going to see a little counter response.
![](http://www.dukascopy.com/imageserver/img/756fa1f1cf6a21c9a511c93aa9a51855/500_2/image779.jpg)
My only setup this morning so I'll throw it out for free - AUD/NZD. Possible buy here at the NLSL with a stop pretty nearby below 1.124 (the rising SMA). Time for this one to get a move on, so I'll give it three candles or so and if she doesn't budge I'm out.
Original post at Evil Speculator.