•Stocks in the US trade near the highs, while most of the rest of the world make new lows
•Is the breakout in Utilities (XLU) a sign of imminent breakout for bonds & Treasuries?
•Defensive sectors outperforming the market
•Equal Weight Staples (RHS) breaks out.
•Telecom (IYZ) next?
•Dollar finally shows signs of cooling off. Dollar should be bought on any significant pullback
•How and where to short gold?
•Oil approaches strong support levels
•Natural gas ripe for the shorts to step in.
•Cryptocurrencies wallow near the lows
•Sign-up at www.MasterChartsTrading.com to get the Support/Resistance Trading indicators!
Follow me on Twitter, StockTwits, YouTube, TradingView, Stockcharts, and FaceBook!
Watch this video on YouTube!