The stock market continue to melt up as the Fed continued to inject massive amount of liquidity into the financial system through the repo market.
Their action should continue on Friday as the stock market enter a capitulation phase, which once ended usually reverses violently, in this case, the stock market will reverse violently back down.
Key support on Friday will be 8745. However, it may not matter as NQ has now traded over twenty points above Thursday's closing price.
Forensic Analysis of Fed Action on Silver Price
2 years ago
