Crude should begin to lift, while TNX nears support after big decline

Near-term trends for US Equities are bullish and should require consolidation in the weeks to come following their sharp rallies from October lows.  Treasury yields and US Dollar should be close to bottoming.   Equity indices might temporarily peak this week and pullback ahead of a rally into 2024.   At present, precious metals, Crude oil, and Cryptocurrencies are more attractive than Equities over the next few weeks.

As with recent days, I find myself with far less to discuss on equities vs Metals and crypto which have both begun to show stellar signs of pushing higher during a seasonally bullish time.  Equity indices, however, have shown increasing signs of stalling out in recent days.

With regards to equities, it’s important to reiterate a few key things:

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