As previously mentioned, several times, today was a futures contract option expiration for precious metals on the Comex.

And as is customary, the metals were slammed down hard, if for no other reason to skin those who trade their option markets.

The Dollar fell.

Bitcoin finally teetered and fell off its support. It did come back a little bit, but is still off its recent trading range.

At some point this could begin a cascade decline as those who are leveraging up on BTC with debt start having to liquidate their holdings. It's hard to say.

Stocks were clocked again in continuation selling.

That did not help BTC at all because it is a risk asset.

Stocks fell to must hold support and bounced back a bit, but it was not a robust finish.

The geopolitical risks are still screaming out loud, even though Trump seems to be backing off the Deep State's fetish of provoking Russia. 

Let's see how the rest of the week goes.

As you know those happy few who ended up holding new contracts in the metals futures will often get a followup gut check to make sure their hands are strong.

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)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

More By This Author: