MicroStrategy is up 3.26% and remains in a choppy area, with the creator watching for a significant downward move.
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Commodities Update: Technical Analysis: GOLD AND SILVER MINERS STRONG, LIKE BULL
The creator provides a technical analysis of commodities, the dollar, and yields, noting support levels and potential for upward movement. The analysis suggests that if quantitative easing or yield curve control is implemented, it could lead to a weaker dollar, lower yields, and a rally in stocks, precious metals, and base metals. The creator also observes unusual price action in oil and bonds, suggesting potential market manipulation or significant buying pressure.
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Tickers discussed in this post
UNM has broken its downtrend and is moving higher, approaching resistance that it is expected to break through.
The NASDAQ is expected to perform well, supported by a weaker dollar and potentially lower yields, especially if monetary stimulus is introduced.
The S&P 500 is expected to remain high due to a weaker dollar and stable or falling yields, especially if stimulus measures are implemented.
Silver is expected to experience a significant price increase, potentially to the moon, driven by supportive technicals and possible market intervention.
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