US stocks poised for upbeat day as dollar slumps

Well okay, the media has its rationalization, but stocks were obviously at a bounce point yesterday.

Stepping away from the stupid noise that the media inject each and every day, there is a tie-in between the US dollars’s resumed correction, a speculated upon ‘C’ leg up in commodities, the fact that silver vs. gold has room to bounce (but is big picture bearish) and oh yes, this chart’s all-important message…

‘Inflation expectations’ appear to still be well in play. But at around the time the ‘Continuum’ above reaches the limiter (AKA 100 month EMA), other indicators should also be at potential termination points. We finely detailed the plan in an NFTRH update this morning, but for our purposes here, we’ll just note that all of this is counter-trend as it stands now. So don’t get lost along the way. Stay on your indicators.