Will look to sell any long positions at dow 8300. Also will look to go long inverse etf faz and srs for a pull back scalp. Think it is risky to hold any banks short here until we reach this area. Think we are setting up for a sell in may scenario.
Treasuries are setting up nicely for a huge bubble.
Oil is a buy here. DXO or UCO
Even though we are overbought in bear market we can still go higher which is a good sign for the rally. Keep in mind we are in a 8 year terrorist cycle. All we need is something geo politcal to happen and new investors could sell this market off fast and furious.
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