Hi Trades! Happy New Year Sir
I agree w/ your observation about metals lagging, but, if we are seeing a "normalization" of markets because of prolonged low % rates and low inflation then it starts to make sense that silver and gold would start acting like commodities again and not asset class markets. Here are my ratios which show asset class markets -- markets that have a yield or dividend holding up well relative to markets that don't pay:
S&P 500
M Grand
W Primary Up
D Secondary Up
240 Day to Day Up
60 Micro Up
15 Micro Up
AUDUSD
M Grand Up
W Primary Up
D Secondary Up
240 Day to Day Up
60 Micro Up
15 Micro Down
AUDJPY
M Grand
W Primary Up
D Secondary Up
D S- Secondary Up
240 Day to Day Up
60 Micro Up
15 Micro Up
Gold Futures
M Grand Up
W Primary Up
W S-primary Down
D Secondary Up 1620
240 Day to Day Down
60 Micro Down
15 Micro Down
EURUSD
M- Grand Down
W - Primary Down
D - Secondary Up
240 Day to Day Up
60 Micro Down
15 Micro Down
