FOMC Accelerant

These moves were likely either sooner or later, and the FOMC’s sorta kinda change of wording was just the accelerant needed.

Uncle Buck is taking a break…

usd

…and EUR/USD is popping…

eur.usd

All you gold aficionados out there should realize that the miners were very likely to bounce as well, per a sentiment “puke analysis” we did last week in an NFTRH update.

If all goes well, there is a short-term upside target in play.  That’s got to remain non-public.  But what does not have to is the oft-expressed sentiment that we keep our heads screwed on straight and maintain perspective.