Building Blocks in Place…

The two things that we have been waiting for fell into place this morning, the Macro Sentiment Indicator and the Animal Spirits Indicator. The Climate Tech Model is adding leverage to its core climate signals along with adding Leveraged Stock Indexes, like TQQQ, TNA, SPXL.

See chart for Macro Sentiment Index here. Falling precious metals prices are a big factor in these signals. Ironically this does not mean that they will fall further, it just means the weight of their wealth capture is over for the moment, stocks will benefit. Of course, this is our number one contrarian indicator, which means it relies on the masses at the beginning, leaning the other direction.

Animal Spirits chart here, the fear level has based out.