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On a day the the job report was much lower than expected and has caused a few to ponder if the economy is slowing down or if growth will remain strong. The CRB index has formed a multi-year pennant pattern which is about to end. The trillion dollar question remains, will we be experiencing INflation or DEflation in the near future?
Pennant patterns suggest one thing….A BIG TIME move is ahead, they are not good at suggesting which way. The argument these guys are having could be resolved very soon!