•More back and forth is likely, as a new direction for stocks is discovered
•This direction could easily be down
•Stocks worldwide are at aggressive short levels
•Investment-grade bonds and Treasuries make new lows
•Mortgage rates approach 2011 highs
•Homebuilders bounce within a downtrend
•Dollar hits new high
•A bounce for world currencies may be coming
•Gold proves resilient as it tests overhead resistance, but still bearish
•Oil tests critical support
•Natural gas may be ready for another leg higher
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