The Morning Line for Gold, E-Mini S&Ps

Higher share prices seemed almost as likely as sunrise when the regular session ended on Tuesday. Check out the E-Mini S&P tout if you want to see how far this rally is likely to get over the next day or two.  Gold, on the other hand, looked poised for a further drop that would lengthen the correction off Monday’s exuberant peak. There may be an opportunity to get short, but also to get long at a Hidden Pivot target that looks likely to be reached on minor weakness.