Looks like everything but oil and the dollar is getting whacked.
Remember that long-term chart on GDX we just broke the downtrend on? Ha! Just kidding – again. Breakouts are always sold!
Silver is getting butchered right now. gold down 1%. So, I guess that means we will be going down with everything else one more time.
Bitcoin getting trashed for another $4K, ready to break below $90K. At least there’s some solace in that. Tech is getting crushed.
Rates up another 3 bips as the dollar vaults into the stratosphere. There’s the dollar and nothing else, all other fiat is trash.
One thing gives me pause this am. The pm shares are not really getting obliterated in the premarket, although there’s plenty of time for them to get crushed. Watching and waiting. One day things will be different. 🙂
