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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (187727)	5/19/2022 5:51:14 AM
From: sense	Read Replies (1) \| Respond to of 219651

Gold still "up" on the year... that having it doing better than most other things still... Silver's approach to the 20% threshold... direct and rapid until a bounce the last week... under-performing gold and other commodities, as per usual... The metals still look like they may slump a bit more... But, if 2008 is the proper guide... as seems fits the real context... the sell off in silver is overdone... a bear trap, perhaps, even more in silver than in gold... but, the market context not generating any real reasons to think it useful to buck market trends in the short term... Pre-market appears to be anticipating more red in stocks tomorrow... The "support" the market has been manufacturing... said to be the threshold between "Correction" and Bear Market" on the S&P... at ~ 3847 we're told... a level below which the few remaining persistent bulls are saying is "the abyss"... with a very long way to fall to find another level of support... Volatility as VIX has been "elevated" for some time... but it has not yet done much of what it has shown it can do, historically, on bad days... Thus far... the recent trend in increase in the degree of SPY's mimicry of the pattern in paths carved in 2008... seems it is being sustained... And, if that remains true... the next two weeks will be unpleasant for most... although SQQQ FNGD SOXS SRTY YANG etc should all continue to do well...