Quick Update - Market Analysis for Jun 20th, 2023

With the reaction I am seeing from some of you, it is quite clear that you are too heavily positioned in the metals complex for YOUR comfort.  So, before you begin to complain, PLEASE adjust your position to what allows YOU to sleep at night.

The bigger picture is still very much intact, as this still looks like bottoming action.  Yet, we still have no indication that a bottom has indeed been struck, as we still have not rallied back over the high of an initial 5 wave move off a low.