I didn’t post it the other day but Marc Faber when asked about the decline and whether it would stick, said lets see how it reacts when it goes back to 1820 (words to that effect).
I watched that when spoos was 1730/40 zone. Now look…. 1820 hit almost to the dot. Lets hope it reacts off it and goes back down. No idea why he mentioned that particular level….. he gave no reason.