We have now seen oversold conditions enough that if it was just a market correction, then this would be typically where we get some very extreme oversold conditions. And certainly it no longer fit the criteria of a correction, but rather could even start getting into bearmarket territory if we saw that. The other think to kind of collaborate that is looking at the volatility index, or the vix on page four. This is an important moment when we're going to find out, does the stock market behave the way it's been behaving in the last year? Or are we about to see the flood gate open and something more ominous is about to occur?
MacroVoices Erik Townsend and Patrick Ceresna welcome Saxo Bank's commodities desk chief, Ole Hansen to the show to discuss what both inflation and the escalating war situation mean for commodities. https://bit.ly/3rYhYXF
Download Ole's charts 📈📉https://bit.ly/37LYFtN
Download Big Picture Trading Chartbook 📈📉 https://bit.ly/39pax5j
✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials