Today rip back up was nice, but still did not get back all of last Thursday and Friday’s loss. Bonds confirmed a daily sale and below I will show the sell chart with the mark up and then the new daily chart that will show the buy requirements. Warning is off of the Small Cap index. International is still safe and the S&P 500 still is a warning.
The red horizontal line is the CBL, broken. The light blue line, the 50 day ma, broken. The green dotted uptrend line, broken. Bonds are a sell on the daily chart.
So there the new chart and all we have is a green CBL buy line. If price continues down, then the line will move with it.
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