The mighty rise, and are fallen, forgotten— but the word and the spirit endure. 

Stocks had another wide-ranging day and slumped a little into the close.

Gold and silver caught a bounce after their recent shellacking.

The dollar backed off the 108 handle just a little.

I redid the Crashtrak profile for the 2022 decline as I had suggested I might.

I am now using the mid-June decline as the second low.

So bully has the rest of the summer perhaps to try and put together a sustainable rally and make a stronger attempt to exceed that second high and take the model off the charts.

The timeframes are well stretched, so if this is a crash, it is a crash in slow motion.

Have a pleasant evening.

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