Selloff in Metals should conclude by late February

The near-term bounce ahead of the all-important CPI data looks to be nearing a critical area Monday which will need to be exceeded before thinking Equity markets are in the clear.  Strong resistance for SPX lies at 4176, while at 4188 for S&P futures.

Treasury yields have rallied back to near the highs of their recent trading ranges with FVX and TNX climbing to levels just shy of December 2022 peaks.  While downtrends in yields were broken ...

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