As things are, we're set for at least a moderate net weekly gain, and somewhat understandably, many are now touting a major rally.
Ironically, having already battled from 1812 to 1906, half of the rally/bounce has already occurred.
The monthly cycles remain absolutely clear.... price momentum is increasingly bearish, we're headed much lower in the weeks and months ahead.
Here in London city...
|The storm front clears to the east|
|Selling has been fenced off.... for now.|
After a torrential rainstorm... a front has abruptly cleared just in time to give a perfect sunset.
VIX update from Mr S... aka.. the Godfather
time for tea