October gold closed sharply lower on Thursday and below the 20-day moving average crossing at 1522.20 confirming that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If October extends today's decline, the 50-day moving average crossing at 1467.30 is the next downside target.

If October renews the rally off May's low, the 62% retracement level of the 2011-2015-decline on the weekly continuation chart crossing at 1588.20 is the next upside target. First resistance is Wednesday's high crossing at 1559.80. Second resistance is the 62% retracement level of the 2011-2015-decline on the weekly continuation chart crossing at 1588.20. First support is the reaction low crossing at 1496.10. Second support is the 50-day moving average crossing at 1467.30.

December silver closed sharply lower on Thursday as it consolidates some of this year's rally. The low-range close set the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If December extends the rally off May's low, the 75% retracement of the 2016-2018 decline crossing at 19.803 is the next upside target.

Closes below the 20-day moving average crossing at 17.790 are needed to confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 19.750. Second resistance is the 75% retracement level of the 2016-2018 decline crossing at 19.803. First support is the 10-day moving average crossing at 18.394. Second support is the 20-day moving average crossing at 17.790.

December copper closed sharply higher on Thursday as it extended the rally off Tuesday's low. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term.

Closes above the 50-day moving average crossing at 264.31 are needed to open the door for a larger-degree rally off Tuesday's high. If December renews the decline off July's high, weekly support crossing at 234.12 is the next downside target. First resistance is the 50-day moving average crossing at 264.31. Second resistance is July's high crossing at 280.50. First support is Tuesday's low crossing at 248.20. Second support is weekly support crossing at 234.12.

________________________________

       Top Stocks

#     symbol      name  last  net   %     volume      score triangles       

1.    MU <https://quotes.ino.com/charting/?s=NASDAQ_MU&id=14CB97>       Micron Tech, Inc <https://quotes.ino.com/charting/?s=NASDAQ_MU&id=14CB97>     49.03      +2.22      +6.53%      31,459,462 +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

2.    INFY <https://quotes.ino.com/charting/?s=NYSE_INFY&id=14CB97>     Infosys <https://quotes.ino.com/charting/?s=NYSE_INFY&id=14CB97>     12.07      +0.39      +3.81%      24,112,612 +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

3.    MSFT <https://quotes.ino.com/charting/?s=NASDAQ_MSFT&id=14CB97>  Microsoft Corp <https://quotes.ino.com/charting/?s=NASDAQ_MSFT&id=14CB97>  140.0000   +2.3700    +1.88%      22,274,855 +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

4.    CMCSA <https://quotes.ino.com/charting/?s=NASDAQ_CMCSA&id=14CB97>       Comcast Corp <https://quotes.ino.com/charting/?s=NASDAQ_CMCSA&id=14CB97>        46.40      +0.88      +2.06%      18,517,507 +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

5.    SIRI <https://quotes.ino.com/charting/?s=NASDAQ_SIRI&id=14CB97>  Sirius XM Holdings, Inc <https://quotes.ino.com/charting/?s=NASDAQ_SIRI&id=14CB97>     6.285      +0.075     +1.39%      16,773,232 +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

6.    NVDA <https://quotes.ino.com/charting/?s=NASDAQ_NVDA&id=14CB97>  NVIDIA Corp <https://quotes.ino.com/charting/?s=NASDAQ_NVDA&id=14CB97>  179.7401   +10.9801   +7.56%      16,690,047 +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

7.    LBTYK <https://quotes.ino.com/charting/?s=NASDAQ_LBTYK&id=14CB97>       Liberty Global Plc CL C ORD <https://quotes.ino.com/charting/?s=NASDAQ_LBTYK&id=14CB97>       26.06      -0.63  -2.58%     13,948,405 +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>        Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>  

8.    QCOM <https://quotes.ino.com/charting/?s=NASDAQ_QCOM&id=14CB97>  QUALCOMM, Inc <https://quotes.ino.com/charting/?s=NASDAQ_QCOM&id=14CB97>  78.98      +1.89      +2.85%      10,469,296 +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

9.    KR <https://quotes.ino.com/charting/?s=NYSE_KR&id=14CB97>  Kroger Co <https://quotes.ino.com/charting/?s=NYSE_KR&id=14CB97>       24.83      +0.17      +0.72%      10,050,907 +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

10.   AMAT <https://quotes.ino.com/charting/?s=NASDAQ_AMAT&id=14CB97>  Applied Materials, Inc <https://quotes.ino.com/charting/?s=NASDAQ_AMAT&id=14CB97>     50.35      +0.84      +2.13%      9,678,362  +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

       Top Futures     

#     symbol      name  last  net   %     volume      score triangles       

1.    NQ.U19 <https://quotes.ino.com/charting/?s=CME_NQ.U19&id=14CB97>        NASDAQ 100 INDEX (E-MINI) Sep 2019 <https://quotes.ino.com/charting/?s=CME_NQ.U19&id=14CB97>    7880.00      +29.75     +0.41%     391,643    +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>  Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>  

2.    ES.Z19 <https://quotes.ino.com/charting/?s=CME_ES.Z19&id=14CB97>        S&P 500 INDEX (E-MINI) Dec 2019 <https://quotes.ino.com/charting/?s=CME_ES.Z19&id=14CB97>    2985.00    +11.75      +0.42%     10,529     +85      <https://club.ino.com/join/?mkt=morning&id=14CB97>  Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>  

3.    PL.F20 <https://quotes.ino.com/charting/?s=NYMEX_PL.F20&id=14CB97>      PLATINUM Jan 2020 <https://quotes.ino.com/charting/?s=NYMEX_PL.F20&id=14CB97>  938.6      -29.4      -3.64% 2,193      +85      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

4.    SR1.Q19 <https://quotes.ino.com/charting/?s=CME_SR1.Q19&id=14CB97>      1 MONTH SOFR Aug 2019 <https://quotes.ino.com/charting/?s=CME_SR1.Q19&id=14CB97>      97.8675    0.0000      0.00%      2,113      +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>        Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>  

5.    QPL.F20 <https://quotes.ino.com/charting/?s=NYMEX_QPL.F20&id=14CB97>    PLATINUM JANUARY 2020 <https://quotes.ino.com/charting/?s=NYMEX_QPL.F20&id=14CB97>      947.4      -21.8  -2.25%     1,385      +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>        Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>  

6.    QPA.Z19 <https://quotes.ino.com/charting/?s=NYMEX_QPA.Z19&id=14CB97>    PALLADIUM Dec 2019 <https://quotes.ino.com/charting/?s=NYMEX_QPA.Z19&id=14CB97>        1554.2     +2.1 +0.13%      913  +100     <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

7.    YM.Z19 <https://quotes.ino.com/charting/?s=CBOT_YM.Z19&id=14CB97>       DJ $5 (E-MINI) Dec 2019 <https://quotes.ino.com/charting/?s=CBOT_YM.Z19&id=14CB97>      26785      +106 +0.42%      905  +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>    

8.    RBT.Z19 <https://quotes.ino.com/charting/?s=NYMEX_RBT.Z19&id=14CB97>    RBOB GASOLINE (TAS) Dec 2019 <https://quotes.ino.com/charting/?s=NYMEX_RBT.Z19&id=14CB97>    1    +1   0.00% 776  +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>     

9.    PA.Z19 <https://quotes.ino.com/charting/?s=NYMEX_PA.Z19&id=14CB97>      PALLADIUM Dec 2019 <https://quotes.ino.com/charting/?s=NYMEX_PA.Z19&id=14CB97>  1541.9     -14.1      -1.06% 672  +85      <https://club.ino.com/join/?mkt=morning&id=14CB97>       Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>     

10.   NQ.Z19 <https://quotes.ino.com/charting/?s=CME_NQ.Z19&id=14CB97>        NASDAQ 100 INDEX (E-MINI) Dec 2019 <https://quotes.ino.com/charting/?s=CME_NQ.Z19&id=14CB97>    7898.25      +25.50     +0.35%     451  +90      <https://club.ino.com/join/?mkt=morning&id=14CB97>  Entry Signal <https://club.ino.com/join/?mkt=morning&id=14CB97>  

Thank you! Thank you for subscribing to Agoracom