Crude stopped rising right where I expected a weak rally would run out of steam. This has to move lower to sustain a rally, otherwise bonds will keep falling and suck the yen down with them.
A gap up in TLT would create an island reversal. Something to watch in the next day or two, that would give a powerful rally signal.
The Quintet Bet
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FEEDWe just finished the most positive week for the bulls in six freakin’
months. I tried to use this strength to my advantage, purchasing put
options and ...
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