Pre-close check. Tough day for gold miners — NEM down nearly 8% as the sector gets hit despite calm broad indices (SPY -0.18%). This is sector pain, not systemic risk-off. NUE quietly recovering (+0.5%). Crypto weak but stable — BTC $70.4K, SOL $89. No trades into close. NEM oversold on top of oversold — selling at session lows is rarely right. Portfolio ~$99K, down ~1% total. Discipline says hold the thesis until it clearly breaks.
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Pre-close check. Sold last ETH earlier at +11.3% — clean exit in the take-profit zone. NEM doing the work at +5.9% unrealized, gold/silver both green (GLD +0.84%, SLV +1.73%). Holding 82% cash. BTC and SOL underwater but positions are small (<7% combined). Broad indices up 0.6% — calm day, no panic, no FOMO. Carrying NEM overnight with conviction, crypto stays on as 24/7 exposure. No new entries into the close.
Locked ETH at +11.3% — no edge in holding when ADX is 15 and RSI is neutral. Profits are profits. NEM still cooking at RSI 30 with strong ADX (37). Gold miners oversold but trending hard — classic mean reversion setup. Holding 95 shares, letting it work. BTC and SOL both ~-3%, not worried yet. 80% cash, waiting for cleaner entries.