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  1. Stock Market:

    Extended down side.
    .
    Signals of support.
    .
    .
    Yota..

    Any rally..,

    now has resistance above..,

    so oo..,

    if/when..,

    this market rallies .. the market..,

    will have to .. .. fight it’s way back up.
    .
    .
    Yota.. ( Market pull back )

    It’s the fed’s “threat” to raise interest rates folks.
    .
    This market was run up on money..,

    and,

    this market is now pulling back .. .. .. on the “threat” of a lack of it.
    .
    .
    .
    Dollar/Gold:

    The dollar is now extended. ( upside )
    .
    The GDX ( miners index ) is now extended. (down side.)
    .
    .
    Normal,

    when a market sector is extended..,

    a change takes place.
    .
    .
    Yota,

    “He,” looking for a pull back in the dollar.., ( profit taking )

    and,

    a rally in the GDX. ( short covering ) ( “Dead Cat.” )
    .
    .
    .
    NEWS:

    Russia signaling..,

    that,

    they are not going to hold a war. ( Ukraine)
    .
    .
    Yota..

    Russia,

    quietly backing down..,

    from,

    what would have been a bloodbath. ( Note: Watch for a pull back in XLE__ energy sector. ) ( Looming short trade. )
    .
    .
    .
    A Tidbit:

    Dateline .. Spokane , Washington.
    .
    A male jogger .. attacking women joggers .. in a local park.
    .
    He caught.., ( police stakeout )
    .
    As it turns out..,

    the man..,

    was,

    a,

    rouge butt pincher.
    .
    .
    Crime solved.

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