We can see very high inflation in coming days.
This has been consolidating for 6 weeks and at the support of most moving averages on every timeframe.
Target 1 $19.90
Target 2 $22.38
Target 3 $25.22
My stop loss below: $17
Note: I am no financial advisor, post here for fun.
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. The function of this essay is the maddening diatribe of a curious author, and how this one manages micro- and macro-economic data for a critical investigation into the micro- and macro-economic world. This text is not suitable for direct...
Inflation fears are getting real yet there appears to be no sign of the money printing ending as a +3 trillion dollar budget agreement has been reached this week in the US, and the unbelievable rally in commodities since March of 2020 is a manifestation of this.
Its been higher higher after higher high and it appears to be attempting to put in another lower high...