-Multi-decade resistance trendline unbroken
-Bearish divergence on the Wolfpack
-"Overbought" on the RSI
-Curling price action
-Bearish divergence on the Wolfpack
-"Overbought" on the RSI
-Curling price action
Note
False breakout expected - 1 month lagging - Commodities cooled off!Triple bearish divergence is possible...
Note
On trackNote
Inflation Thesis Correct - On trackNote
Good CPI data month after month, lower... Forecast correct!Trade active
A 2-year consolidation may lead to a temporary spike in CPI due to rising macroeconomic pressures. This will cause inflation headlines to resurface, leading to a market scare. Alternatively, markets head into a correction which causes emergency cuts and artificial lowering of rates to tame inflation, leading to lower CPI.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.