This market is building energy for the next leg down that could be very nasty. Look @ the chart, where we can see the bear consolidating we are doing in these values.
Some forex are leading the way, and the way is down down.
Stock Market ETFs Trading Update: Rally On?
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While the stock market has enjoyed a nice bounce, my viewpoint for most
equities remains cautious to neutral. This has my focus on commodities.
That said...
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