Reminder: Wile E Coyote drop is delayed but still guaranteed to
happen. The substantial delay as the market spikes higher & higher
just means the inevitable crash will be worse.
Substantial SPX sell pressure is dominating overextended DXY.
GOLD & SILVER have not participated in SPX bounce which is another
SPX daily shows megaphone wedge so big move awaits.
It should overule DXY bias.
CRUDE OIL & COPPER have not participated in recent equity rally
and we know what that means…