If this is the path of least resistance, everyone and their grandmothers will most likely be screaming "WEIMAR INFLATION! DOLLAR GOING TO ZERO! PUT ALL MONEY IN GOLD AND BTC AND STONKS!" as we approach the bottom around ~85-86
Should also include a final melt up before a deflationary collapse and bring stonks to something like
DJIA to 40-45
4h close above critical level - let's see if it can flip into support and launch from here
looks to be accumulation bottom here - and with current sentiment considering ltc just caught everyones attention going to 300 and rekting everyone, i think this has a chance to be a local bottom for a while
Bullish control zone claimed on the daily. Waiting for daily close over key level for confirmation.
If 1860 is claimed, should see new highs relatively soon.
Watching TLT and the DXY as well - should be interesting to see how they interact together over the next 2-3 months.
DXY looks ready to make a decision
So does TLT
did you get trapped?
gold might be finished with it's correction...
we need bullish follow through next week to confirm the bear trap
if confirmed, gold is otw to new highs along with most equities and risk-on is back in play for a while
David contrarian nailing it once again if this happens
If 93.4 is claimed as support watch out above - ill become extremely cautious
bonds dumping today and yields looking like they are bottoming
much bifurcation very wow
time to start paying attention either way