Snapshot Summary
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. Chart of Dow Jones, US$ Index and Gold
. Dow Jones rebounded from Support
. US$ in a consolidation phase.
. Gold Toppish if not topped for the near term.
. If US$ consolidates & loses the volatility in range.
. Gold may lose some of it's monetary lustre
In the near term
. As Dow Jones makes it's Wave 5 climb.
. Probably Wave iii of 5 is in progress.
. So expect a 4th wave consolidation & a 5th wave rally
. Before a major Reversal or correction

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