•Major indices may have overstayed their welcome on this oversold bounce.
•QQQ and AAPL within a striking distance of fresh highs
•Many funds are in the middle of bounces.
•Interest-sensitive funds could be shorted soon
•Interest rates have further up to run, as Treasuries wallow near 52-week lows. I would short TLT on any significant bounce.
•Dollar showing signs of life
•This will weigh on gold-related assets in the near term.
•GDX is exhibiting troubling signs
•Oil bounces and reaches our first target
•Natural gas hits 52-week lows
•Crypto review
•Sign-up at www.MasterChartsTrading.com to get the Elite Trading indicators!
- Follow me on Twitter, StockTwits, YouTube, TradingView, Stockcharts, and FaceBook!
Watch this video on YouTube!