•4 hour chart of S&P 500 Futures is still clearly showing resistance @ 2747.50

•SPY rallies almost 9% off February lows, QQQ over 12%

•Stocks are generally bullish

•Pockets of weakness are: Energy, Real Estate, Utilities, Staples

•Market Breadth Review

•Long-Dated Treasuries and Investment-Grade Corporate Bonds hit a new low for the move

•Junk debt in the middle of what still appears to be a dead-cat bounce

•Be Flexible and Try to See Multiple Outcomes For Any Event

•The Dollar could surprise everyone and rally

•Gold-related assets have been under pressure of late

•Oil continues higher

•Energy companies are lagging

•Natural gas should be shorted on a bounce, price action confirmation pending

•Crypto review. Bitcoin could be bottoming

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•4 hour chart of S&P 500 Futures is clearly showing resistance @ 2747.50

•Major indices may have overstayed their welcome on this oversold bounce.

•QQQ and AAPL within a striking distance of fresh highs

•Many funds are in the middle of bounces.

•Interest-sensitive funds could be shorted soon

•Interest rates have further up to run, as Treasuries wallow near 52-week lows. I would short TLT on any significant bounce.

•Dollar showing signs of life

•This will weigh on gold-related assets in the near term.

•GDX is exhibiting troubling signs

•Oil bounces and reaches our first target

•Natural gas hits 52-week lows

•Crypto review

•Sign-up at www.MasterChartsTrading.com to get the Elite Trading indicators!

- Follow me on Twitter, StockTwits, YouTube, TradingView, Stockcharts, and FaceBook!

Watch this video on YouTube!