Market rebounds

Markets far and wide - interconnected and bound in hope, denial and the need for more destructive and inflationary monetary policy - are rebounding on schedule and to targets as the US dollar, junk bond correction and gold-silver ratio take their anticipated breaks.

I am one simple chart twittler who cannot control markets but I can tell you probabilities and the probability remains that this is a suck in for unsophisticated investors.  I do not write this in support of an agenda or investment stance.  While guarded with bear postions, personal portfolios are still biased upward with precious metals positions more than primed (in my opinion) to benefit if inflation fears break down the barn door.

Meanwhile, the chart is the chart.  SPY did something good last week as it filled a gap, and I will keep a note of that. It now approaches target.  If the target breaks, I will need to evaluate my personal stance.  The feeble volume argues that it will not be broken but then again, when you are talking about greed and desperation of this level, you just never know what the pigs are capable of.  Well actually, yes we do.