ladder removal thursday, page-93

I know this is not the gold thread but the break suggests once again it will return to the 65 ma on weekly as it has done since 2001.

That is currently a little over 740 so given a bit of time maybe 750 is some sort of target.

More importantly I think it needs time and I am thinking 6 months.

As I thought BHP would correct into Oct I am guessing this might be the pause/correction for most commodities.

If the US is in the process of an equity bottom then it is hard to imagine it without a commodity easing as at least part of the mix.

Maybe there is no equity bottom!