In this video , Slim shares his amazing cycle chart insights, with the following of what is likely to come
1. TLT (US Treasury) a lot more pain
2. 10 yr US Treasury yields expected to move to 1.9pc and as high as 2.5pc into 2022 , providing continued headwinds for the market
3. US Dollar or the DXY expected move to 92 over the coming months
4. DXY expected rise is expected to weigh in on gold and commodities (which I had cautioned here weeks ago)
5. Gold's pain expected to continue with expected moves to below $1700 then just below $1600- yikes!
6. S&P500 7% retracement from peak to circa 3660, another 4% downside from overnight over the coming weeks in March then move higher to form top in the next couple of months
7. Momentum is terrible for the QQQ (tech) and has turned negative for the S&P500 and IWM Russell.
If Slim is right, I could be right to be almost completely sidelined waiting for more pain to pan out in the coming weeks.
