Daily RSI for SPX has broken down… price action has hit my “line in the sand”…

So what happened to the rate cut probabilities? April meeting showing signs of life!

June meeting looks even better …

And July meeting really looking like a breakout imminent… with clear higher lows!

What are precious metals doing this morning? Moving up.. market is pricing in this change.

And that is just stage 1, the breakout above 20% chances. There will be another thrust up when the odds break out above ~60%!

Reminder from last year (old chart I found from Nov 16th in media library)

And this previously imagined scenario… (we are already quite higher up, despite not having had the rate cut probabilities go up! I see that a STRENGTH)

Edit: adding silver chart to show lag before move up (from last time it reacted to rate probabilities)