Market Charts
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(Unless otherwise noted, points on the charts represent thoughts on only directionality, not price or time)
We are at a major decision point. The chart is indicating that we should be moving up from here. No strong confidence. The next turning point for a downturn is on May 6, plus or minus approximately a month.
Bitcoin
Bitcoin also looks like it is at a rallying point - to new highs.
US dollar
Very bearish chart - and we have likely made the top. We may be near the end of the first leg down. Not confirmed. I am in disagreement with a number of impressive analysts who say that the dollar will continue to rally upward, wreaking havoc on the world economy. Listen to them; not me.
The next long-term turning point is 3/14/25, plus or minus about a month. The next long-term high is 5/25/25, plus or minus about a month.
Gold
I tend to follow Luke Gromen's thought that gold will begin to take its place in the global financial system, generally as part of the beginning of the new age we are entering. The next long-term turning point down is 4/8/25, plus or minus about a month. I would guess we have made it. Not confirmed.
Oil
I have been bearish crude for a long time. The next long-term turning point, which could mark the bottom in crude, is 6/9/25, plus or minus about a month, and we may have made a major bottom. Not confirmed.
TBonds
It looks like bonds will go higher before a big move lower.
CPI
This indicates that inflation is on a decline to something on the order of 5.5% before increasing to its next peak at around 11.4%.