The Euro is getting ready for some Vola. Bear mind mind that we have not seen the final top in the RRM Indicator, meaning we only know it will com soon but not when...
The TimeCycles paint an optimistic picture for the risk trade.......The gold miners might need another retest but seem on path to a more sustained rally....
....against the backdrop of Gold...
....the SEMIs also want to see another week of sun....
...Oil being the big looser the last weeks is getting ready for a fight back against the bears...
...which is in line with what we see with the Materials sector.
A muddy picture out there painting some rally in the risk trade which probably will not be sustainable with a safehaven like Gold entereing into the next bull phase.....the smell of moneyprinting is in the air and plenty of bail out attempts!
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