Estimated go live date is Monday, September 18th
•Comparing stock market landscapes in 2000, 2008 and 2017
SPY at record highs. Advance-Decline lines also at record highs.
Bearish patterns in bullish instruments.
Many stock sectors in the middle of oversold bounces, or also at fresh records.
Emerging markets, and Europe at 52-week highs.
Solar ETF (TAN) hits 52-week highs and outperforms
•Junk bonds confirm a bullish posture for stocks.
Investment grade bonds also bounce
•US Dollar continues lower to 52-week lows
•This is helping gold and gold miners. GDX has a bullish engulfing pattern on weekly chart
•Oil may have already failed, but could still continue higher to around $50. XLE very close to 52-week lows
•Natural gas is flat for the week.