IN THIS REPORT
● GOLD ALL-TIME HIGH SIGNALS DEFENSIVE ROTATION – The yellow metal leads the rotation to defensive assets. p. 1 – 2
● LONG VOLATILITY – The normalization of monetary policy from the Bank of Japan, the unwinding of the Yen carry trade and volatility ramifications. p. 3
● NVIDIA BLOW-OFF TOP – Technical indicators suggest that NVDA’s next significant move is to the downside. p. 3 – 5