Stocks flopped today after the insider trading exercise yesterday announcing a phony truce.
Iran is not going to settle, except for strong internationally backed guarantees. Why would they? Would you?
Gold and silver were smacked around a little more, with gold taking the brunt of it with its April contract options coming due on the 26th.
The Dollar is hanging around the mid 99 handle. The DXY index is so heavily weighted to the Euro that the failing leadership of the European Union is making it look better than it is.
VIX looks like it might be coiling here.
Bitcoin is obviously locked into a trading range since the beginning of February. Take a look at the chart below if you don't know this. They are just moving Bitcoin around the plate trying to skin specs and daytraders.
If the market crashes, Bitcoin is going down for the count, and unlike gold and silver I don't see how it is going to come back without official help.
Trump's 'Five Day Pause' expires after the market close on Friday. US has troops moving into position.
Draw your own conclusions and take it from there
The Trump Administration is dancing on a volcano. One leg is on Iran, and the other leg is on the Ukraine.
Have a pleasant evening.
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