REFLATION FINISH LINE?
Potential ending diagonal for commodities.
Overbought weekly RSI with divergence into an area of resistance.
Bond market has been telling us that the inflation hysteria was overdone and the crowd was all on one side of the boat.
Energy held strong while most other commodities have rolled over. Energy may join now.
Even if you believe that we have started a new commodity bull market, nothing goes up in a straight line.
as always for entertainment purposes only.
Overbought weekly RSI with divergence into an area of resistance.
Bond market has been telling us that the inflation hysteria was overdone and the crowd was all on one side of the boat.
Energy held strong while most other commodities have rolled over. Energy may join now.
Even if you believe that we have started a new commodity bull market, nothing goes up in a straight line.
as always for entertainment purposes only.
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