Weekend thoughts 2/2: 1. Both Gold $GC_F & Bond $ZN_F look as | Tic Toc Trading
Weekend thoughts 2/2:
1. Both Gold $GC_F & Bond $ZN_F look as if they can take rest here after good run
2. Which means a 2-3 % upside in Gold, Bond & S&P500 (1698 to 1750, SPX 3850 to 3950)
3. Longer term downtrend may resume after resting this week.
4. S&P500 itself needs some time before people who matter really get convinced about Summer explosion in activity & higher rates. That may be late March to early April.