Stocks And Precious Metals Charts - A Minsky Moment


Stocks wobbled but did not fold today, posting a small loss.

Gold and silver rallied strongly from a short term oversold condition.  

Gold bounced off its 50% Fibonacci retracement for this recent chart movement.

Let's see if they can continue to build on this, or if they will go back down to retest support.

VIX wallowed.

Something wicked this way comes.

Have a pleasant evening.

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

 


More By This Author:

Stocks And Precious Metals Charts - Rally Off The Recent Bottom
Stocks And Precious Metals Charts - The Aftermath Of The Non-Farm Payrolls
Stocks And Precious Metals Charts - Finding A Bottom
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with