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After propping up the market to fill this IPO did any strength come in at price on a oversold condition and also that big question still remains is the dollar bottoming?
Starting off with currencies Dollar, EUR/USD, AUD/USD and GBP/USD then into Bonds where the JNK moved to a oversold condition with 20yr & 30yr still seen weakness at price.
Looking at two important commodities Mr.Copper and SLV Sliver to see if their is any weakness setting in with the existing trend. In the world of ETF’s did the IYT transports move to oversold condition with buyers and are the XLF Banks moving into their own little world of who gives of shit about the banks. (SMH, XLB & Lumber)
Finishing up with NYSI NYSE Summation Index and then breakdown the patterns in SPY, Nasdaq & E-mini S&P with also a look at the Russell to see how risk is doing before a quick rant about market conditions for next week.