posted on May, 30 2018 @ 04:05 PM
a reply to: howtonhawky
Etherium $553.08 -2.16% today.
The crypto currencies are still in a declining triangle, gold would respond to inflationary news but with higher interest rates limiting any rally.
If they expect investors to buy up bonds for unwound debt incurred during the housing price bubble collapse they will need to put stocks in a long
term holding pattern. That would make approaching the Dow 25,000 a good point to short sell.
The independent bear market short sellers have a T+2 rule that prevents them from going short every day. If they took profits yesterday at the close
they probably won't be back again till Friday or Monday.