Rotation Or Correction?

Some Key Charts To Watch

Apologies for the slight delay to my weekly letter this week.

I’ve been on a mini-vacation to London taking in the Champions League match with my beloved Arsenal against Bayern Munich and this is the 1st chance I’ve had to sit in front of the laptop for a couple of hours.

With Iran / Israel news hitting the mainstream over the weekend, there’s once again a lot of doom-mongering to navigate so I think it makes sense to kick the week off with some important charts.

It’s worth noting it’s been a great couple of months for cyclicals.

Copper / Miners, Gold / Miners, Silver / Miners have all ripped to the upside and with energy now approaching upside targets, rather than talk about trends that started 2 months ago, my attention now turns to what comes next.

Equal Weight S&P500 (RSP)

With the never ending earnings season about to resume, In this week’s letter, I’ve got some important charts and a few trade ideas prepared so if you do subscribe beyond the paywall, please do forward to your friends, colleagues, fellow professionals.

Lets get into some charts.