$WTIC 2
I understand where you’re coming from Chuck but I think the time when markets are “disorderly” again (for want of a better description) has already begun.
For me, this will be $USD driven. SM’s fall hard, further Fed interest rate increases are postponed, $USD dumps, SM’s rally strongly again and oil, commodities & PM’s
all rally strongly.
Also note the significance of the SMA 50 on the quarterly. It acted as support twice before price dumped below it. I think it is going to be tested as resistance and hold.
Thanks for giving me something good to think about! Could be right….
P.s. love your quarterly dollar chart. Wow. Could go higher there…
Ugh. Meant oil…