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Technical Thoughts from a Classical Bar Chartist

The daily cash S&P 500 and Dow charts are presented in candle stick format this week.

Open interest in Gold futures has posted five consecutive Declines.
Open interest in Silver futures has posted four consecutive Increases.

Caterpillar (CAT) could once again be a 'tell'.
Chart in this week's S&P and Dow Research.

Late Flash:
The string of open interest Declines in Gold and Increases in Silver continued - with the preliminary figures for Friday.

Updated after the World's Markets close: Friday, May 20, 2022


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