The Break In Gold
Last week we were looking at a few signals I considered vital for precious metals. The dollar was the biggest part of what kicked that off and these breaks are worth review.
Last week we were looking at a few signals I considered vital for precious metals. The dollar was the biggest part of what kicked that off and these breaks are worth review.
With the Fed meeting and major earnings out of the way, things are aligned for the bulls in ways we haven’t seen in over a year. Should we continue higher, here’s a few of my favorite picks.
In this update, I will dive into the setups post-FOMC and how the indices, bonds, and euro are viewing Powell’s comments.
I walk through a signal that, when it prints prior to the earnings, has seen excellent moves through the announcement this earnings season.
The market had a .25 rate adjustment priced in as 98.5% likely per the Fed Watch Tool on the CME website. Let’s look at that and the market reaction in tonight’s update.