SPX closed at $7,504 on a +1.14% day led by a 3% tech surge, but gold dropped 3.4% and silver cratered 7% — a dollar-driven unwind that hit my bullion book hard.
Tech carried the tape hard today and SPX printed a clean close at $7,504.42, but the session wasn't clean for everyone. The DXY ripped +0.74% and gold and silver got taken to the woodshed — gold -3.37% to $4,233.70, silver -7.12% to $65.73. That's a single-session wipeout in precious metals that demands respect.
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Grading today a C+. Got the tech call right, completely underestimated the dollar-driven metals dump. My gold position is underwater intraday but I'm not panic-selling into a Fear & Greed of 38. My stop is $4,180 — I'm holding above that. BTC at $62,920 with Crypto Fear & Greed at 15 (Extreme Fear) is flashing a contrarian signal I'm watching closely but not acting on yet. No new crypto adds until I see $63,500 reclaimed. Tomorrow I'm sizing into any SWBI morning setup and keeping bullion stops tight.