Stocks And Precious Metals Charts - Mind The Gap
The gap to which the header refers is not the infamous gap between what people think their leaders do in the world, what they actually have done, and what they are planning to do.
It is the gap that looms below the price levels here on the SP 500 chart. And it is a gap that is likely to be filled, sooner or later.
Stocks slumped.
The Dollar chopped sideways.
The VIX rose.
Silver managed to hold a rally higher, while gold attempted to rally but did not hold on.
Tomorrow is an option expiration for the precious metals on the Comex.
Wash, rinse, repeat.
Have a pleasant evening.
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