inflationand the whole fight against inflationone argument...

inflation
and the whole fight against inflation
one argument months ago gj was that the so called war against inflation was all about lowering the price of commodities

well that has happened and now commodities have rushed back up and now pushing up against resistance
i know where my money is here

spx - in august spc butting against 4650 resistance had to get through or backtest 4200
backtest happened and it held and now broke through 4650 with strength on the monthly and at high of 4800
if we get through here then darvis break and blue sky

gold similar position

the one with lots of room to run is copper. play catch up

all of it on basis of us fed now easing in 2024 eventually

there will be ups and downs but worth remembering the experience for future cycles that when the inflation fight stops we get this catch up

it also happens year after year when there is a hammer and support holds we then get a catch up back to the old level

happy days