Large breakdown in the Euro today

Should be constructive for the DAX after market starts to ease tensions from the front

Very nice risk-reward setup on XRT (Retail)

One thing on retail though, and its something we talked a lot about, is the massive trend breakdown which is still getting tested and failing to get back above. That AMZN trend line goes all the way back to the 2009 bottom.

Hang Seng with new lows after another failed bottom call. JD was down 5% yesterday. Need to give all of this stuff time but the general idea is risk-related trades are getting scorched across the board.

I shorted some gold today with a tight stop about 2% higher from here. The general idea is that if we continue to see pain across risk, realized correlations should normalize and gold get hit very hard. People forget it acts just like any other security when people turn over their positions.

Love the idea of being long US stocks against letting the rest of the world cool down and digest price action. Seeing this trend as the primary risk-reward point which matches up with a lot of DeMARK based support I am seeing