Closed out XXIA long for small profits, it remained strong while market dropped steady.
Extreme RSI 2 on SPX saying to go long, however, my other stuff says quite a bit of risk remains to the downside.
Cable, with a three drive Egg pop is ready to head down, again. We mentioned this trade over a week ago and it did play out.
Now its at a 50% retrace
Almost pulled the trigger on buying silver and gold long, but could easily see a 10% drop to flush out the new bulls. Spank them hard before the upchannel continues. Market loves doing that.
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Insightful and Useful Comment!