06 July 2021

Stocks and Precious Metals Charts - Whipsaw - Starting the Second Half With a Wash and Rinse

 

It was a ranging day in what seemed likely to be a 'technical trade.' 

The financiers, flush with cash, felt like having a wash and rinse just to start the second half right.

Gold finished up, silver was lower.

Broader stocks were lower, but big cap techs managed to hold a decent gain.

The specs were likely whipsawed, by design.

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Have a pleasant evening.