SPY (tracking the SP500) is in the third day of a Persons PPS uptrend. GLD (the gold ETF) is in the sixth day of a PPS uptrend. Both are confirmed by the MFI.
USO (tracking oil) flipped into a PPS downtrend on Friday, unconfirmed by the MFI, and that was two days after entering an unconfirmed uptrend. Bottom line on oils: They are confused puppies who don't know where they want to go. Indecision is the enemy of profit.
In the currencies, EUR/USD is in the fourth day of a PPS uptrend, confirmed by the Wilder RSI, and the USD/JPY is in the 9th day of a confirmed RSI downtrend. (I use the RSI on currencies because they have no volume data, which the MFI requires. The RSI is a volume-less surrogate for the MFI.)
In the portfolio this morning, these positions continue their PPS bull moves:
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