December 24, 2022

Eye of the Storm Podcast – SPX, NDX, ZB, ZN, ZF, ZT, GC, SI, $DXY / 12/24/2022 by Michael Filighera

I update the big picture for equities, treasuries, gold & silver along with the US Dollar index.  The only pair that continues to labor at current levels are Gold and Silver — the balance of the markets I cover have progress in their prospective EW counts.

Year end “posturing” should continue through next week and likely into the New Year.  Larger declines in the equity markets could pick up again and that would support the $DXY moving higher if the treasury yields continue to climb that would also support a higher $DXY — Next week could also produce more “range bound” trading across the board, that would likely only serve as a pause in the larger declines that should then pick up at the start of 2023.