1) The USD is likely on DC#5 of its intermediate cycle. At this stage of an IC, we expect left translated cycles. 2) Gold is in the process of putting in an ICL. It is currently printing wave C down of an ABC correction pattern. 3) The Stockmarket is approaching its all-time high and is slightly overbought. A pullback prior to a break to new highs would be normal. 4) Oil will likely continue to … read more Newsletter #212—Starving for Yield