Next week we'll be at the tail end of earnings season. It's been a blast, at least until this past week when we got some iffy news about trade.
Let's look closer at the charts and indicators.
So, if there's no inflation anywhere, why have gold prices rallied 11% in six months?
The only peaceful thing in Thailand is a vacation.
It's behavioral finance at its finest, and makes for a fascinating debate.
Let's see what the charts and indicators look like this morning.
Let's see what this weakness could do to the charts and indicators.
The big question for us to consider now is whether this reversal action is going to lead to another big trend.
We have to own that it was a bad day for the bulls and that it's perfectly realistic to expect a few more until the facts get more positive.
I think we might be threatening the 200 DMA again by the middle of next week.