click chart to enlarge A big dollar rally will deflate the Money Printing Pump very quickly.
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click chart to enlarge Dollar rally will collapse the Nikkei in dollar terms, the S&P should follow.
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The five tops hang from the Spiral not unlike an Alexander Calder mobile.
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I'm not a believer in rallies here.
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Can gold decline without a similar turn in dollar yen? I doubt it.
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Oversold but no divergence.
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Add up to a sell now.
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Unfolding perfectly here.
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The intraday 135-minute RTH eMini chart issued a net-line sell this morning. The target is now at 2085.
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If that 2085 target is reached in the next few days, it implies a likely trigger of the 2094 daily net-line. A confirmed sell on the daily will target 2020, or a 4% decline from current levels.
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The combined Solunar/Tidal is a few days away from a very negative, three-week period.
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Three day new highs up into potential top territory.
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The timing argument for a top is inside for subscribers.