Stocks move higher for the week and are within a striking distance to fresh all-time highs | NASDAQ-100 (QQQ) at all-time highs with decent participation, but now with minor divergences | Small caps outperform large caps | NYSE Advance-Decline line at fresh highs | Consumer Discretionary (XLY) and European stocks (VGK) hit fresh highs
High-yield junk (JNK) bonds gain strongly together with stocks | Investment-grade bonds are not dropping | This is showing a somewhat mixed picture with a possible defensive tilt | Treasuries (TLT) at resistance as 30-year Treasury bond yield pulls away from 52-week highs
The Dollar index (USD/DXY) has a possible weekly Bullish Engulfing pattern | Euro with a rather bearish weekly candle | Swedish Krona moves strongly higher | Mexican Peso may be ready for another leg down
Oil finds support and moves higher | Energy ETF (XLE) very oversold and historically uncorrelated | Is this the new normal for XLE correlation? | Natural gas continues its up move

Charts mentioned in this video are located here: stockcharts.com/public/1229503

Watch this video on YouTube here: youtu.be/576owxGhpA0

Stocks may not be done correcting yet, but are firmly bullish | A fresh push higher should resume following a pause | This pause could be via time or price | QQQ is the strongest of the major ETFs
Fear is creeping into the markets | Bonds seem to have found support and are rallying
US Dollar still loosing ground vs. other currencies, but not yet bearish | EURUSD nears important resistance | USDJPY may pull back some more
Gold is taking advantage of the weaker dollar with an Inside week, now with a bullish resolution | GDX wants to go higher | Gold miners market breadth worsens, but could improve should the Dollar at least trade sideways
Oil continues lower – no bottom yet found |
Natural gas moves higher

Many of the charts mentioned in this video are located here: stockcharts.com/public/1229503

Watch this video on YouTube here:  youtu.be/vzxWAviHVX4