S&P 500 - Long

Updated
Rising inflation appears not to be transitory as Bonds and data as well as Global commodity inflation appears to remain, The CRB, Oil, Lumber, Cocoa, Oats, Nat Gas, and others all showed weekly price gains and nice wave patterns appear to be forming as well.
Note
ADDING to POSITION positioning for accelerating inflation and growth meaning tech, FX, and Commodities. No adding of gold or crypto right now, no defensive plays, little bit of IVOL.
Note
FYI - Took a little profit on the rally where implied vol declined from the peak and prices neared the upper bound of a calculated range. Adding back those plus more.
Trade closed manually
All done
Chart PatternsTrend AnalysisWave Analysis

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