With only mid-level announcements coming out during the session on Thursday, it could be a relatively quiet day. However, there are certain trends in markets that we will be watching. Here are 3 of the more interesting ones currently:

Silver

Silver markets initially fell on Wednesday but found enough bullish pressure to continue to stretch towards the $18 level. The call buyers seem to be willing to step in and pick up value on dips, and thus it does look like a very healthy market.

CAC

The French markets tried to rally during the day on Wednesday but found enough resistance at the €4800 level to turn things around and form a reasonably negative looking candle. The market looks as if it is ready to continue falling, and a breakdown below the 4750 level could send put buyers back into the market, aiming for the 4600 level.

USD/CHF

The US dollar continues to bang up against the parity level in this market, but the Swiss franc holds that resistance fairly tight. The resistance looks as if it goes up to the 1.0050 level, so it will take a move above there for the call buyers to feel any type of confidence. Currently, it looks like the put buyers could push this market back down to the 0.9900 level.