8/15 Trading Futures Update - PMs-Up, S&P500-Down, Crypto-Down

As we enter the middle of the month of August, we see a slight bounce back in the stawk futures (i.e. dead cat bounce), gold sniffing panic, and crypto being sold for liquidity(i..e margin calls).

Precious metals drove higher yesterday, a continuation of the trend with the far east buying this morning. 2x10 bond yields inverting, metals getting a risk-on buying.

Stawks are headed to the May lows and eventually the December 27 lows. Fund managers will be locking in their 18% gains for the year and not risk a return to the lows of December. Sell stawks - buy metals.
Fair value at 0.50, a slight negative to the opening bid in the S&P.

Crypto is acting strangely, down again today, not an anti-dollar trade. BTC is less down than the rest, but struggling to stay at 10,000, now $56 dollars below. Steem is at #82, priced at 17 cents, where is the bottom, down 13% now.

Keep stacking. Go get you some.

Thanks for following @RollingThunder