If we accept that yesterday’s selloff was so transparently corrective as to have changed nothing about the long-term bullish picture in Silver and Gold, then we must also accept that the broad averages too will soon be bounding blithely higher, perfectly oblivious to the real world and driven by otherwise inert “stimulus” money.  Technically speaking, the first convincing sign of the E-Mini’s resurgence would come at 1178.25, since it is there that a bullish impulse leg would become manifest on the hourly chart.  Night owls can try bottom-fishing at the ‘p’ of the still-forming abc downtrend on the right-hand edge of the chart.