This quick video was initiated to show you how the ES/NQ are setting up new #2 Excess Phase Peak patterns after the overnight rally.
Then I took a look at Gold/Silver.
We are seeing a very broad shift into a reversion phase where the markets may move into a PANIC type of DEEP-V low over the next 48+ hours.
The move in metals (related to the US Dollar rally), will likely result in a DEEP-V base/bottom - prompting a fairly strong recovery/rally phase in metals over the next 2+ weeks.
Take a look at what happened during the COVID crisis. The same type of PANIC selling/shift took place then.
The Dollar rallies on expectations/policy/or a crisis. This puts very strong pressure on Metals.
Then, the markets settle into a reasonable expectation (post-event) and the US Dollar settles. But metals have been deeply undervalued because of the PANIC selling.
Metals then move strongly back to the upside - removing to the pre-crisis price level, then move even higher as metals attempt to hedge risks related to the post-event/crisis economy.
Get ready. This could be one of the biggest opportunities of your life.
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