Copper & Spoo are in play.
Copper has broken out against the Yuan.
Spoo…100X3 shows a double top, which I expect to see violated, leaving way to the target.
Short term P&F’s ( 25X3 ) are more granular and will confirm before the 100X3
The target matches up with the top off the channel.
Pattern recognition was lit up green with ORH signals in 40% of the Semi’s and a myriad of eta’s.
Looking for an initial sell off on the Indices to hold.
Literally heard on the street from one of our members; the Biden administration is throwing lots of money at small business owners, replacing lost earnings.
Simply put; more money in the system with not a lot of thought.
Check out Jamie Diamond’s comments yesterday.
“Dr. Marc Faber and Yra Harris on the Economy, Geo Political Risks and Investing” on
Thanks Richard!