Stocks and Precious Metals Charts - Are You Not Entertained? - A Banquet of Consequences

Stocks continued to take another leg down today.

Dip buyers were spanked once again.

The second low is still in motion. Let's see where it stops and actually sets in.

Although technically we could just go for a market break here. We've already banked quite a few failed rallies along the way.

Gold and silver managed to bounce and hold it.

The cryptocurrencies are being taken out and beaten with ugly sticks. What a surprise.

VIX remains elevated.

The Dollar slid across the 104 handle and managed to hang on to it.

A strong dollar here is not favorable to the US economy, since it encourages imports and discourages exports.

Aren't you glad you are watching this carnage from 'higher ground' and relative safety?

Sooner or later everyone sits down to a banquet of consequences.

Have a pleasant evening.

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