Consolidating

Markets have eased over the past two days after rising sharply the prior week when Federal Reserve officials hinted that the central bank might lower interest rates to offset the negative effects of trade disputes.

Stocks are likely pulling back due to profit-taking as investors look ahead to what the Fed is going to do next week. Some chop and churn is normal as things digest a bit.

I’m looking at some entries, but I’d like a little more of a pullback.

Also, the gold/silver/copper patch is basing or breaking out of bases and may be ready for a big longer-term moves.

I’m scouring some charts in the space.