2 Comments

  1. Stock market:

    If SPY rallies, ..the overall market will rally higher.
    .
    If IWM breaks down, ..the overall market will weaken.
    .
    .
    Yota’..

    “His,” two special indicators..,

    they saying..,

    the market should rally here.
    .
    .
    .
    Dollar/Gold:

    The dollar pulled back. ( Grave stone doji .)

    The gold ( GDX ) rallied .( Hammer doji .)
    .
    .
    Sadly,

    the rally in the gold was soo fast..,

    that,

    Yota,

    did not get in.
    .
    .
    “He,”

    now watching volume..,

    and,

    hoping for a pull back. ( To a higher low. )
    .
    .
    .
    Stocks:

    UNG, can break either way.
    .
    .
    Yota, ( wisdom )

    Watch the break.
    .
    Those who trade UNG..,

    break UNG..,

    in the opposite direction.., ( Hard ! And fast !)

    then,

    they break it the other way.
    .
    .
    Stocks:

    KHC.
    .
    .
    Yota, said it would rally..,

    and,

    it did rally.
    .
    KHC is now at .. .. the “bear side” of resistance..,

    and,

    that,

    ends the trade.
    .
    .
    .
    NEWS:

    The PPI.., ( The Producer Price Index )

    hitting 9% .
    .
    .
    The “talking heads” saying, the PPI will go higher.
    .
    .
    Yota,

    when the PPI goes higher..,

    the CPI.., ( The consumer Price Index )

    follows higher.
    .
    .
    The ” heads” saying..,

    that inflation will hit double digits.
    .
    .
    Yota, ( Given looming inflation . )

    If,

    you are going to buy it..,

    buy it now.

  2. Dollar/Gold:

    The dollar has “layers” of support here.
    .
    .
    If,

    if, the dollar holds support..,

    the gold rally ..,( started out strong )

    could end..,

    not with a shout..,

    butt rather..,

    with a whimper.
    .
    .
    “He,” waits. ( While thinking about looming inflation. )

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