Here is a look at a few charts as things become a bit more interesting.
First up is the Dow as it continues to correct from its record high.
Below is the Dow Transports as it breaks its previous low on massive volume without coming near to a record high and considering that record high was created back in October 2021 then this is building into a major non confirmation indicating that the Dow lows back in April are looking seriously suspect.
The Nasdaq as it hovers around its record high with a big divergence building between it and the Dow.
Junk bonds beginning to show signs of stress.
US Bankster index also beginning to look a bit uncomfortable.
US 10 year yield as it begins to break higher
The one constant on all these charts is the massive Bankster liquidity injection that began in October last year to keep the game afloat and lower the yield on the 10 year from 5% to below 4% which has continued up to this point.
As economic collapse picks up steam Is the free market beginning to rear its "ugly" head and push the Banksters deeper into the corner they are trapped in??? We shall see.
A daily on Gold Futures after it comes down to test its 50 day
- Forums
- Commodities
- gold
Here is a look at a few charts as things become a bit more...
-
- There are more pages in this discussion • 1,782 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)