1) The USD is likely on the way to its ICL. Cycle timing would suggest further downside. 2) While the dollar completes its ICL, gold should rally into its ICH. 3) The US stock market is in the early stages of a new IC. This is normally a bullish part of its cycle. 4) Oil likely completed its ICL. We expect oil to roughly follow the path of the US stock market, but that may … read more Newsletter #222—All Eyes on the G20