The recent price volatility related to the surprise Jobs number, nearly ten days ago, and the potential for inflationary price trends extended beyond the Fed expectations has created a unique type of sideways price rotation on the INDU chart. This recent price volatility suggests the markets are struggling to identify future trend bias as well as attempting to shake out certain traders and investors (running stops).
Additionally, the downside price trend we’ve recently seen in Lumber, breaking away from the continued rally mode, and Bitcoin, breaking downward nearly -54% from recent highs, suggests a broad market “washout” is taking place. How far will this trend continue? Will the US stock market break downward like Bitcoin has recently done? Let’s take a look at the charts and try to answer some of these questions.
US Stock Market Attempts To Break Support Channel – What s Next – HoweStreet
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Gold Staging New Momentum Base In Preparation For A Big Upside Move :: The Market Oracle ::
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This second part of our research article related to the new Bullish price phase in Precious Metals and Miners will continue to explore the potential range and targets for higher price trends.
In the first part of this article, I discussed how precious metals have started moving higher in somewhat of a stealth mode – not really drawing a lot of attention from traders. While other commodities and market sectors continue to rally, Gold and Silver have recently been setting up a new momentum base over the past few weeks. If our research is correct, we may soon see a stronger bullish price rally in precious metals which may drive miners 3x to 5x higher as Miners have greater Alpha than precious metals.
大行情！黄金上破1880美元 这几张图表暗示未来黄金大趋势_金市直播_黄金网_中金在线
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