Cycle High Coming For Stocks And Gold - Eric Hadik #5170
Gold/Silver Eric\u2019s last call was for a cycle high in late May and early June. There could be some additional upside the first 2 weeks of June. Primary price objective is 1920. It has traded in $80 ranges.\xa0 Oil we\u2019re coming into a cycle high in June. Look for a range of $56-$73.\xa0 Interest Rates July 2020 was the peak for bonds and then sold off. Now Eric is looking for a lower peak in July 2021 and then rates will go higher for the next 12-18 months, perhaps on inflation fears.\xa0 Dollar has been in a trading range for the past several years. It will bottom at around 88.50. Over the next several months. Same bottom as in 2/18. A flat correciton.\xa0 Stock Market is peaking in June. Tech stocks have been leading the charge higher. Potentially multi-month or multi-quarter peak. They\u2019ve been following a 16 month cycle. Then it\u2019s down from there.\xa0 Bitcoin Eric was calling for a $65k high and promptly retreated. It\u2019s gone through 5 waves, textbook and could well retreat lower if it breaks $29k.\xa0Not a great deal of upside potential. $28 to $50k range. For\xa0the next 3-6 months for 6-12