Weekly Chart Review

Monthly Chart Deck

This week’s newsletter will consist of our newly installed “Monthly Chart Deck”.

A few quick observations regarding this month’s charts:

• If you pair the “Asset Class Review”, towards the bottom of this newsletter, and the “Monthly Chart Deck” charts below, you’ll find that almost all of the US equities we track are currently “Max Bullish” AND seemingly have plenty of room to run on the charts before encountering overhead resistance.

  • Translation - this is probably not the time to get short.

• Watch US Treasuries - if they continue their move higher (yields), it might be suggesting that inflation could be attempting to rear its ugly head. If so, future rate cuts could be pushed further out and/or could be smaller in nature.

Monthly Chart Deck

To read more about the methodology and thesis behind these charts, please go here.

If there are additional charts that you would like to see next month, please do not hesitate to let me know by replying to this email or by leaving a comment.