If anyone was riding the gold and silver train up, I think this should be your exit. As long as they close around where they are now (1:30 ET) then they will form wide range bearish engulfing patterns.
I don't necessarily have a great reason to believe this will be a major top and lead to a bear market, but at least for the intermediate term, the sentiment is too bullish on silver, gold, and the Euro and way too bearish on the US dollar. So I think there will be a substantial reversal in all those markets.
I still believe the stock market will correct from near these current levels, but there are admittedly few sentiment extremes to note.
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