Silver cratering 5.4% and BTC sitting at Extreme Fear (23) are the two stories I'm watching pre-market. SPX is holding better than it should, and the scanner is serving up a 93.9x RVOL lottery ticket in GETY.
Silver down 5.4%, gold off 1.6%, and BTC bleeding through $62,182 with Crypto Fear & Greed at 23 (Extreme Fear) — that's a risk-off signal across commodity and crypto simultaneously, and I'm not ignoring it. The DXY catching a bid to 101.28 is the culprit, and SPX is holding better than it deserves to right now.
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I trimmed my silver position into last week's strength and I'm glad I did. I'm not adding back until I see $64+ reclaim or the DXY rolls back over. Holding my BTC core but I will not add here with Extreme Fear confirmed — that's a trap door, not a buy signal yet. Gold stop is sitting at $4,085; I'll let it breathe but I'm not adding below $4,100. Day trade sizing is at 60% normal risk until SPX holds $7,420 through the first 30 minutes. If CRMT pulls back to $2.75 in the first 15 minutes, I'm taking a starter position. That's the only trade I'm excited about today.