JTH

In regards to the dollar I ask myself this. What has changed? Do I have more faith in the dollar today over 2 weeks ago? Gold is resting, rest assured buyers will step in before they step out...JMHO

AGG's hourly chart has me expecting a lower close, perhaps within the yellow circle. Drawn in white is a Bull Flag from the previous wave.


Speaking of Bull Flags, Tom's commentary mentioned one forming in the S&P 500 the other day. Here's what it looks like and where it projects. We are right at a pivotal moment where this flag should pop or fizzle, this flat forming flag has pent up energy so it could produce a strong & fast move to the upside. But first we need a breakout with a close above the flag.