Reversals

I put most of the commentary on my charts, but in summary we are going to have some short term price movement reversals to shake out the late players.I think this plays out for a week or two then we start a generalized risk off through June, including the commodities.  Oil in particular as it will be used as a weapon against Russia. I will continue to get shorter during this period, and will add a nice position in BIS for a year long hold.  I can see it in the 60's at some point next year.

Please click on the charts to enlarge.