It was an interesting Thursday, with trading volume getting lower and lower over the past few days. At the same time, markets were going up, and this signifies weakness in the market. If and when the the market turns lower on increased volume (except today when options expires), I'm anticipating a huge short on the market.
The commodity currencies are slowly going back to their lows for the week, even as USD is increasing to above 81 points, while gold and silver are decently strong. This actually shows that demand for hard assets is increasing while the volatility rises, and commodity prices lower. For the moment, this appears to be time to hold on to safe assets, while the price of commodities and the markets continue their decline, which will be marked when volume turns up.
Lets see what happens on Tuesday.