You’ve probably seen it by now but if not I shared my thoughts in the video. Still see minimal (~5%) upside, at best, with a likely positive feedback loop between commodity prices, interest rates (or perceived short-term/Fed Funds rate), and the stock market. When expectations that the Fed might pivot to more dovish/less hawkish, stocks will try to rally but so will commodities, thereby re-fueling inflation (and rate hike) expectations, effectively putting a ceiling on stock market gains from here.

Q’s and IWM futures are pumped up by CPI numbers.
Was wondering same, what are Randy’s thoughts.

Its back in trend exactly touching the upper trend line of the wedge.