Stocks and Precious Metals Charts – But If Not – The Vast Wasteland

from Jesse’s Café Américain

[…] Stocks sold off again today, dropping down to some key support levels.

They managed to bounce back a bit into the close.

Keep an eye on those support levels, because they may be pivotal between what is a ‘normal’ correction and another failed rally.

Gold finished unchanged and silver managed to bounce back into the green with stocks, but both were hit hard in the early trading in New York and London.

The Dollar edged a little higher.

The VIX rose with the morning declines, but pulled back a little in the afternoon.

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