Our AI forecasting models are projecting a flash crash event to occur over the near term. Equity markets are putting in a top and are set for a brief correction. We will trade both sides of the coming swings. We want to be clear now is not the time for sustained short positions. You will get burned. We anticipate an intermediate deeper correction near the end of June.
Gold and the Miners are set to spike higher into next week. But what then?
We don’t have a major breakout for Silver just yet, but profitable trades still exist in the metal.
Crude Oil is looking to top short-term.
A sharp correction is about to occur in Bitcoin. We will be big buyers once it is complete.
Many markets remain in violent whipsaw action with the exception of the stock market. There are a lot of headlines to get confused and nervous about. The bottom line is the Federal Reserve has unleashed a bazooka upon the US financial system buying everything in sight. The one thing they don’t buy yet are stocks but the other financial instruments they do buy get inflated and money finds its way into stocks regardless. Don’t fall into the Great Depression chatter. Do not bet against America! For a more in-depth analysis of many different asset classes, detailed support resistance, AI buy and sell triggers; please subscribe for a free Gold member trial.