Wed August 10 2022
Today's close of 33,309 met our target of 33,250. We suggested a higher high is possible in this second wave up. taht will occur just above the 34,000 level. This is still early August and we have plenty of time into a Sept high to go higher. Expect it.
Silver will pull back under 20 and be a buy there.
Bond prices are also likely to pull back before going higher in their own counter trend rally. Note that both stock and bond prices are headed higher in tandem.
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