Market slightly overbought still, but consolidated far more better than last week since we pointed out these conditions. The longer it stays in this coil, the less bearish it becomes.
I'm looking at the 2H Chart as guidance on the short with a tight leash at 4200 on all hedges
..BUT AAPL completed the 13 we were looking for. I'm buying some on weakness
GOOGL still 12/13 on the countdown
Rates the risk reward trade is lower from here, like we pointed out on Friday after NFP
I'm using the monthly chart as guidance and expecting 2.5 to be hit later this month.
Even TLT completed the 13 sequential...
Daily 9 sell on oil
Nice retest on the yen to be long (short USDJPY) with a tight stop above last week's high
Hard to get excited about the DAX here coming into TDST
ARKK too, I think its too early to pounce with only 7/13 on the sequential countdown after breaking and qualifying below TDST