Posted by BL (99..201.63) on October 04, 2022 at 21:33:06:
BOTTOM LINE
"The first 2 days of October have seen a
robust stock market pop, right on schedule. But this should be yet another failing
pop, with prices resuming their decline
toward a low in mid-November, and then
a retest low in late December. Bond
yields should decline until mid-November,
meaning prices rising. Gold is now finally
starting an uptrend, but should see a top
due Oct. 10-11 along the way. A bottoming condition is showing in the COT
Report data for oil, copper, and lumber,
meaning a heating up of economic
demand is brewing. But those data do not
tell us when it will start".