The Week Ahead: 2021-11-07
Still think equity indices need a retrace, bonds and gold look higher
Bonds
The rise last week is putting enough strain on the wave iv being complete that I have to relent and expect higher at this point. Technically the wave iv could be complete but give the look of the RSI and cycles, I’m putting that as a low probability alternate. For overall structure I’m assuming a leading diagonal down from the high in 2020 with thi…
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