We have begun the rotation into the commodity cycle and ending the equity cycle. The unwind in equities will be apparent into this coming year. I will post a crude oil chart today also that is clearly demonstrating a similar set up. It's not the best time to get in as the current high in gold will see some short term consolidation as the chart shows. In the meantime I do expect equities to make a new high... for example I see AAPL reaching the 185 to 190 range in the short term.
This is only an opinion. Thanks.
This is only an opinion. Thanks.