Gold, Silver likely to shine as US Dollar rolls over

Bottom line, the $SPX bounce needs to surpass 4019 to have real confidence in this move extending. While I’ve expected a rally from 3920-5, there remain two possible areas of concern to this thesis: First, Utilities have staged a minor breakout and are likely to push back to all-time highs.   Second, the DeMark count on Treasury yields actually requires another few days of strength before completion. (Thus, while yields are close to peaking, the...

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