Red Day, Green Opportunity
The Panic Is Starting - I’m Buying Three Positions Today (10-min charting video)
S&P 500, Yields, and Gold
The S&P 500 is falling hard, and the next support level I’m watching is around $7,150. I think we may see a bounce there, possibly tomorrow or the next day.
Yields are falling today, but the broader setup still looks like an uptrend or reversal higher.
Gold continues to lose its 200-day moving average, making a move toward $4,100 look more likely. I still have my limit order in on PHYS at $31, and I’m optimistic it could hit in the next couple days.
Gold Miners: Washout Potential
Several big gold names are hitting key levels.
