Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
MarketMap-2020 Issue #5
The best technical minds are Contrary Thinkers Event-Based Cycles The Dow made its peak with the same tidal configuration as previous major highs going back over 120 years. The pattern is as follows: from the…
Fed Cuts Rates 0.5%; Dollar Sinks, US 10-Year…
Summary: The US Federal Reserve cut interest rates by 0.5% to a target range for the Fed Funds rate of 1.00% to 1.25% (from 1.75%). The emergency move was designed to protect the world’s largest…