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Some of our trades are running and others have paused. We'll discuss this as we go through our market review.
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SPX - This looks like an inverse H&S and looks to be breaking out higher. The SPX and Nasdaq did hit new highs.
Let's look at the Dow Jones ( Dow 20,000?)...
Read MoreIs what Peeking or peaking? Let's start with the USD-
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The USD was rejected at the 10 & 50 sma last week, but it is in the timing area for a bounce.
Read MoreThe weekend report discusses the current set ups in various sectors, with a bit more focus on the precious metals sector.
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SPX WKLY - I'm not saying that the General markets cannot go higher, this riding along the upper wedge can continue, but this wedge does tell me that I should expect a pull back sooner or later. We'll continue to monitor that as it plays out.
Remember that I mentioned this last week too...
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