Among my holdings, RF once again briefly showed a pps bear signal. I'll be watching this issue closely today. The price action is consistent with either a bottom, or a pause in the downward trajectory. The mfi is bullish on the third day since exiting oversold territory.
The rule on the pps signal is to wait until the bar showing a signal is complete, or nearly so, before acting.
Indicators:
SPY for the blue chips and GLD for gold remain in bull mode (albeit with soft prices).
The VIX remains in bear mode (which is misleading -- a bearish VIX means less fear and so is bullish for the markets. Go figure!).
TLT for the Treasury long bonds remains in bear mode (price down, rates up), although the mfi has turned contrary, that is, upward.
Turning to the currencies, the dollar is strengthening. EUR/USD remains in bear mode, and USD/JPY bull mode.
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