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•Back to our regularly-scheduled all-time highs
Underperformance doesn’t mean bearishness
Divergences are very difficult to trade of
Overbought means strong, overbought doesn’t mean ready to drop
Mexican Peso and Mexican iShares (EWW) poised to rally
•Bonds and Junk bonds move higher. Junk bonds are confirming new highs for stocks
•US Dollar may be ready to roll-over as Euro attempts to bottom
•Gold gaps and moves higher for the week
GDX follows suit with a Bullish Engulfing
•I am uncertain about the direction of oil and natural gas. This is why I am staying out of these markets
•Could XLE move higher towards a breakout?
•Had a bad trade? Use a different instrument to regain confidence!
Charts mentioned in this video are located here: stockcharts.com/public/1229503
•Back to our regularly-scheduled all-time highs
Underperformance doesn’t mean bearishness
Divergences are very difficult to trade of
Overbought means strong, overbought doesn’t mean ready to drop
Mexican Peso and Mexican iShares (EWW) poised to rally
•Bonds and Junk bonds move higher. Junk bonds are confirming new highs for stocks
•US Dollar may be ready to roll-over as Euro attempts to bottom
•Gold gaps and moves higher for the week
GDX follows suit with a Bullish Engulfing
•I am uncertain about the direction of oil and natural gas. This is why I am staying out of these markets
•Could XLE move higher towards a breakout?
•Had a bad trade? Use a different instrument to regain confidence!
Charts mentioned in this video are located here: stockcharts.com/public/1229503
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