•Sectors are mixed.
•Discretionary Stocks (XLY) advance for the week as Amazon pushes to fresh highs
•Defensive tilt is evident: Real Estate (IYR), Utilities (XLU) and Health Care (XLV) post a weekly gain
•Bonds of all types bounce following significant selling
•Junk debt may be poised for a fresh low
•TLT can already be shorted by aggressive traders
•The Dollar Index moves higher towards resistance as other currencies weaken
•This is weighing on gold and the gold miners (GDX)
•Energy companies are benefiting from oil trading next to the 52-week highs
•Natural gas may still continue higher to around $3, where it should be shorted
•Major cryptocurrencies at resistance and ripe for shorting (Bitcoin, Litecoin, Etherium)
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