The bulls showed their vulnerability today. The falling dollar/rising yen looks to extract another round of pain from stockholders in coming weeks. Video update inside.
Oil and dollar yen are trying to pull stocks in different directions. Oil is winning that battle short-term, but this oil rally comes with a likely expiration date.
My Solunar and Tidal spreadsheets are a little bit complex. Once again, I was reading the wrong column for the dates. Here are the corrected tidal and combo charts, which shift the dates forward by about two calendar days.
I'm seeing a lot of charts on twitter showing the W bottom that formed in Sep-Oct and comparing that to the current market with a bullish conclusion. The chart inside suggests a different outcome.