S&P 500 Index - Daily Chart Sell Signal Triggered Today !

In the benchmark S&P 500 Index, a daily chart sell signal was triggered by my computer trading system at today's close.

And despite extraordinary recent strength in most semiconductor stocks, a daily chart sell signal was also triggered in Texas Instruments today.

And among weekly charts, a sell signal was triggered today in the DJ REIT Index (symbol IYR).

Given these bearish technical signals, it's not a stretch to suggest that a significant stock market correction may have actually begun today.

DJ REIT Index Weekly Chart with Computer-generated Buy & Sell Signals

Texas Instruments (TX) Daily Chart with Computer-generated Buy and Sell Signals

S&P 500 Index Daily Chart with Computer-generated Buy & Sell Signals

Silver - Now Ready For An Upside Breakout !

Just a quick note this evening.

In the precious metals space today, it is noteworthy that gold prices fell sharply while silver prices actually finished higher on the day.

I think silver may be the commodity of choice right now for an upside breakout from here through the rest of this year. If I am right, of course, silver mining shares represent the greatest potential for monster-like capital gains.

Silver ETF (SLV) Daily Chart with Computer-generated Buy & Sell Signals

Silver Mining Shares ETF Daily Chart (SIL) with Computer-generated Buy & Sell Signals

Silver ETF (SLV) Weekly Chart with Computer-generated Buy & Sell Signals