Yeah, the rotation out of equities has come. But I think it's going to be the decade for commodities, we are at that point in the cycle anyway. Can see the risk off environment taking shape when looking at the sectors, XUJ, XMJ etc.
Silver, copper, lithium etc. all looking for like they could reverse/go for big runs. I would be keeping a watchlist of explorers and producers after what I think will be an initial market crash (perhaps we are already in it?).
If I'm honest, we havent been in a good environment for how we trade since 2020, we had one good run from the Corona low to late 2021, but the XSO has been trading sideways for years and has rejected a major 62%.
We will see how the XAO interacts with the previous high around 7,900.
