As if I have not pounded the table on the theme enough already, I’ll highlight Brad Zigler, who is on the same theme…
He echoes my sentiment exactly…
“It’s early days yet, but I smell inflation brewing.”
He uses the SPY/GCC ratio, which I like and think I will appropriate (w/ attribution implied by this post) and use it in my own analysis as yet another cross reference going forward. :-)
Here is my version, by weekly view.
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