Breakup of the channel.... typical. And besides this breakup of this channel the other indexes, namely XLF and IWM reveal weekness... Market holding because of ge´s and ibm´s? I am calling the top here.
Long USDCAD, Short EURUSD and other indexes...
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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