SP 500 and NDX Futures Daily Charts - Wash and Rinse

Stocks were in a wide trading range today, as the algo held a little preliminary 'wash and rinse' ahead of the FOMC announcement on Wednesday, and the quad witch option expiration on Friday.

Have a pleasant evening.

Silent Night, 1914

Late on Christmas Eve 1914, men of the British Expeditionary Force (BEF) heard Germans troops in the trenches opposite them singing carols and patriotic songs and saw lanterns and small fir trees along their trenches. Messages began to be shouted between the trenches.

The following day, British and German soldiers met in no man's land and exchanged gifts, took photographs and some played impromptu games of football. They also buried casualties and repaired trenches and dugouts. After Boxing Day, meetings in no man's land dwindled out.

The truce was not observed everywhere along the Western Front. Elsewhere the fighting continued and casualties did occur on Christmas Day. Some officers were unhappy at the truce and worried that it would undermine fighting spirit.

After 1914, the High Commands on both sides tried to prevent any truces on a similar scale happening again. Despite this, there were some isolated incidents of soldiers holding brief truces later in the war, and not only at Christmas.

British Imperial War Museum, The Real Story of the Christmas Truce

Gold and Silver Daily Trading Patterns For November 2015

Does anyone see a marked daily pattern in the precious metals for the month of November?

What a surprise!


These charts are from Nick Laird at goldchartsrus.com