Stocks And Precious Metals Charts - One Trigger Event Away
Stocks popped and floundered today, taking a break from a truly speculative rally.
The markets are one trigger event away from a fairly remarkable selloff.
The underpinnings are constructed of leveraged debt.
Those positions will start 'pancaking' under the weight a significant wave of selling.
The Dollar chopped around the 97 handle.
Bitcoin rallied up to a new all time high.
I suspect the fat lady is at least clearing her throat.
Silver had an impressive breakout higher, a powerful move that completed our intermediate measuring objective on the chart at 39.
Gold continued to advance as well.
Have a pleasant weekend.
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