@princey37 Damn I am all doom and gloom at the moment but...

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    @princey37 Damn I am all doom and gloom at the moment but regardless lol...

    I was looking at the NVA thread and saw the conversation about rates and a bounce in the spec market, I tend to agree with your position. RUT and XSO have turned down. RUT looks awful and we all know the ASX follows the US.

    US10Y bonds are moved up all-time lows hit in during corona and completed an ABC down after 5 waves up, we are now at the point where they are possible moving into wave 3 of 3, could also see a prolonged sideways move.
    https://hotcopper.com.au/data/attachments/6856/6856352-c327c7f073d0e30207aeadec6366a4e6.jpg

    Best case scenario we move into a commodity super cycle, copper, lithium and silver are what I'm keeping my eye on.
 
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