Gold is in hot demand as banks have the new Basel IV requirements. Commodities are increasing values as US dollar drops.
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Does the market have the power to change the direction or, are we at the end of a bear market rally? Looking across his charts, Greg sees that we are at the upper limit of a bear market range on a lot of the indicators.
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Website: https://ospreystrategic.org
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Mish covers some of the Modern Family. She also discusses the long bonds and gold with levels to clear or, fail.
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Website - https://www.marketgauge.com/
Blog - https://stockcharts.com/articles/mish/
Twitter, @marketminute: https://twitter.com/marketminute
Treasury yields and stocks have a negative correlation of 86%. We see rates moving higher for longer. If the market has not already topped, then our short-term Elliott Wave count targets a range of SXP 4118-4147 as terminal point to this countertrend advance. If the market pushes sustainably abov...