No Cigar

By -

Bitcoin, which seems incapable of doing wrong lately, got SO close to a new record high, but not quite. It was 0.4% from nailing it, then it ran out of steam (for the moment, at least).

Another “close, but no cigar” was experienced by the small caps. The /RTY has been range-bound for literally YEARS, and it has reliably fallen from resistance and bounced higher off support. It tried, over the past twelve hours, to push based the Fibonacci (perfectly nailed with the red arrow way back in early 2022) but it didn’t achieve it. Too bad, Bucky!

What’s doing well, then? Good old gold, the one market I actually WANT to thrive!