Macro Barrier or Macro Breakout ?…with update
Following up on yesterday’s comments, the macro market indicators overnight rose to some critical areas. The pattern since January 29th points to higher stocks and bonds and a burned out Gold market. Gold is trying to save itself, I doubt it, but am watching closely.
Again, keep in mind. This is about a manipulated market, a combination of big names on Wall Street, Hedge Funds and International market players. All the hot air out of Washington over the past week was designed to get small players and data driven economists to the sidelines. The only chart that has a sustainable upward trend is Government Debt. Trump is dying, he is not planning a third term. This is about building a money pile amongst family and friends.
Update at 3:00 PM CDT Close
We got a bit of an answer. It looks like the markets hit a barrier today, but did show the ability to hold the gains, probably with an eye on Trump’s two-week Iranian timeframe.
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