Stocks And Precious Metals Charts - Bitcoin Continues To Dredge

Bitcoin continues to dredge.

There will be a minor stock index option expiration on Friday.

The Dollar rallied back up to the top of the 97 handle.

VIX rose.

Gold and silver bounced back a bit.

Bitcoin continues to dredge what the punters hope will be a new trading channel.

Further declines from here could accelerate the risk of a cascading decline.  At 50 Bitcoin is on the ropes.

Keep an eye on the geopolitical situation.  The Trump administration negotiating style is like watching a three card monte game.   They are generally transactional trying to look good, rather than to achieve anything fair, stable, and substantial.  It's an amateur hour run by self-dealing shysters. 

Now might be a good time to top up your gas and heating oil, and add to your stores of some of the essentials.  A shock to global trade may be in the works. 

Have a pleasant evening.

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