NFTRH 388 was sent to subscribers earlier today. A sensible plan seems to be coming into place about when to expect a more sustainable ‘inflation trade’ with the USD in a double top stance, but bouncing from support.
Gold led the bounce and it should lead the downside tests to come. From there a more lasting macro trade could set up. The stock market should (“should” as in the probabilities say so) turn down now, but having come right to and even through the bounce limits, we will watch for the first signs of any bull tricks.
There’s much more in what I felt was a good report that said what it had to say and made its points clear across several different markets.
Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com. Also, you can follow via Twitter @BiiwiiNFTRH.