Exhaustion Watch

Next week could be very interesting. Our cluster analysis over all ETFs in our Watchlist hint at calendar dates (ignore public holidays!!) therefore Tuesday's open should be telling

The month is over and we now have confirmed monthly Pivots for most ETFs. Some short term gages like the Active Boundaries or the MACD show contradicting (or leading ?) signals compared to the Monthly Pivots as result of last week's bounce.
I give the benefit of the doubt to the Pivots given that they are aligned with the Exhaustion Signals and also with the Monthly TDSQ (Tom DeMark Sequential) counts that sport some 13-15 extreme readings. Also find that these signals furthermore are aligned with the BreakOut signals.

You find the twighlight zone with Gold and Treasuries that have been affected by the bounce against still strong longterm Pivots. Watch these flight for quality areas to gain more insights next week......