USD is Causing Chop... GLD/SLV

As expected, after the initial knee-jerk, the $USD regaining ground is causing a loss of parabolic momentum and starting chop, the TICK is breaking the channel-this is just an initial break in my view.

TICK break of channel...

In addition to the averages and USO, another possible/probable hit and run trade that may be a bit more stable would be SLV and GLD (so far SLV looks a bit better). We still need lateral trade and chop gives us that. I would not try to chase any parabolic "V" moves.