“No swimming” The bear flag is flying and unless we get a huge move up today, nothing about my analysis has shanged. Here’s the charts. This is a time to be setting up those short positions and taking profits on any longs that are starting to roll-over with the market, which is most that I have seen.
The dollar has broken the bearflag and is about t take it on the chin as well, so oil/gold/metals, etc should see some decent gains. Ask for access to Wolf on Wall Street for 2 weeks free to see how we are taking advantage of the weak dollar.