1. Bitcoin is testing the 200-day moving average again. The popular crypto currency is testing its important 200-day moving average again. A weekly close below this key level is very negative and will likely signal a further decline. The may 19, 2021 low at 30,205 is also a critical support level in the near term.

2. The major stock indexes are mixed again. The DJIA (DIA) and the S&P 500 Index (SPY) are slightly negative. On the flip side, the NASDAQ Composite and the Russell 2000 Index (IWM) are slightly positive. Trader should watch the volume closely.  Big run in the Meme stocks all heading up $Koss, $AMC $GME and the rest. Institutional money has discovered the Meme stocks.

3. Gold/Silver taking a breather today. Gold and silver futures down. Perfect consolidaton.