Dear Readers, further weakness is expected, it could take day or two to develop. We should be alert for shorts at around 62% retracements of the latest decline in stocks. CYAN line's are not yet even close to a long term buy signals. On the other hand only the new highs in QQQQ SPX and DOW would change the configuration to more rally. US$ got stronger and all currencies+gold took the beating. Interest rates are approaching the turn point, but still no clear signal that it happened. Energy slumped and will lead the Stocks Higher or Lower. Good Trading
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