Dear Readers, Markets are configured for, at least, a short term failure, but we should wait and see, cause, as many times explained we must see that the beast called market is wounded fatally. We can only see that when it must move down and it moves with a big force, showing that it is really in trouble. You would not approach a raging animal will you? So, why would you do that with the market? Let us relax and wait and see that the sentiment is on our side, the cycles are on our side and the pressure gages are on your side. We have only pressure gages, mostly on our side, but the sentiment is bullish for the higher prices and cycles allow the May top. So, we can not go out on the limb to short the hell out of this market, but only by very aggressive masters of short sellers. The Buy Pressure Lines hit the CYAN line from below, indicating that a short term decline has a potential of unfolding again. GOLD, see "GOLD From April to June" post. Energy/EnergyStocks mostly going with the market. Currencies. Wild rides are possible as the TITANIC - currency ship is turning around within next 3 weeks. Interest rates bracketed with the slow economy and weak Dollar. Good Trading
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