Christopher Carolan on Financial Markets & Lunar Cycles
The rally is on pause for now.
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Here's my video update on the markets heading into the new week.
Follow the Money Pump!
click chart to enlarge
The VIX bands have shrunk quickly - and may signal soon.
Crude oil is approaching a seasonal low here. Gold, however, shows further seasonal weakness.
A dramatic and technically relevant reversal today should see prices decline for a while. But will it break the back of the Money Printing Pump?
The breadth barely below zero. It can fall far before reaching an oversold reading from here.
Will the money pump let stocks decline?
U.S. stocks are short-term vulnerable here.