Loading ...As ever we will only know afterwards……But I hear you….it is certainly as u say early to go flying higher, time is sure needed to correct lots of indicators, so u may well be right .we need a C down.
What I took away from recent action, is the speed of this last rally, says the Bull move is overall v strong….and any C down , may well be tame/sideways……..But as I said that B wave up, showed how the mkt wants to rally.
I am also watching the spreads in Shares vs Gold….we have yet to get a breakout and they look like they need time to build the power to breakout
Cheers