02 May 2017

Stocks and Precious Metals Charts - Il Bacio Della Morte

“The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise."

Hazel Henderson

Cave, cave
The markets are winding up tight.

Big cap techs have gone parabolic, and left a gap behind.

There are a number of scenarios that could trigger a reversal.  Or not.

The broader markets, such as the Russell and the SP, are not confirming the gapping top in tech.

The tape is looking mighty taut.

These quiet moments before the storm are the toughest to time.

Hold on to your hats if and when the markets make their move.

Respice post te.   Hominem te memento.

Have a pleasant evening.