The bad news: (1) ISM number was weak, and (2) the risk-on vs. risk-off chart below remains weak. The good news: (1) the chart below is trying to hold near point F, and (2) silver is outperforming gold today, which shows some belief that central banks can “successfully” inflate. The chart below [...]
Source: http://ciovaccocapital.com/wordpress/index.php/risk-reward/key-ratio-testing-support/
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