The bearish case seems to set it, but might need a pause to re-strengthen.The move in Gold has matured and can be expected to pause. The action with the Banks hint a possible bounce.
The strength of a possible bounce and whether a bounce can change some of the medium term indicators will determine where we go from here.
We still have the monthly pivots supporting a bullish case and we need to see them flip before we can expect a complete bearish picture. (S&P500 below 1010)
Risk to the bears: A strong bounce
Risk to the bulls: An acceleration downwards
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