Yesterday's 2 Day Alert on the M11 real time model kept us out of today's minor correction but all things considered...new highs in the Russel and DOW and a possible bottming in TLT and the gold/silver slide may be arguing for a return to technical analysis as an investment tool. There's still a lot of risk balls in the air but earnings have generally been better than expected and the fears of a Trumpnado market crash turned out to be as wrong as the rest of the pundits forecasts.
This week's Ponzo forecasts maintain the bullish theme, at least until the end of the year (remember, these are weekly bars). (Data shown is as of Monday's close)
Tomorrow we'll have an extensive analysis of the dollar (UUP) using a variety of tools. Why?