Financial Markets This week the S&P500 and the NASDAQ 100 re-tested support, losing 1.5% and 2.4%, respectively. The small cap index (Russel 2000) was down by 2.3%. Trading volumes were average during the week but declined on Friday. Precious metals remain strong. Gold continues making new all-time-highs - now at 3084$/oz. Silver gained 3.3% and is going to re-test the 34-35$ level again. WTI is still close to support and went up by 1.1% to ~69$/bbl. If it continues falling, the next support levels are at 64 and 62$. Bitcoin fell 4.3%, contradicting the previous week's move. It is essentially trading sideways, like the equity market. The key resistance and support levels on Bitcoin, for the short term, are 92k$ and 72-74k$, respectively. The relative strength of the US dollar (DXY) was essentially unchanged and is still at 104. The EUR/USD is around 1.082$, the GBP/USD is at 1.294$, and the USD/JPY is at 149.82 JPY. US M2 money supply at the date of 24th February 2025 w...