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Non-Tech : The Woodshed

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dara
ggersh
roguedolphin
the longhorn
To: benwood who wrote (60463)5/25/2022 8:21:56 PM
From: benwood4 Recommendations   of 60906
 
The dollar chart has the look of an ABCD decline in progress, with B just completed. If that plays out, the C wave high will not reach the recent peak. Either way, I think the high is in, or the high will be in this summer. That should provide a tailwind to PMs, which for the most part (based on ones I track) have bottomed and are consolidating at this level.

Just my WAG.

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