Stopped out of crude 87.65 for a .25 loss. Silver short looks good.
Dollar earlier approached old high and completed a 5 up. Buying it back 77.80.
I'm still saying show me to the stock market at DJI 11,210.
Obama visited some BRICs prior to G20 to make sure they wouldn't throw tomatoes his way. All polite, but the message is "Get the hell out of our business".
Bonds are tanking and dollar rallying. I take this as a ton of bond holders are unloading as the Fed is buying, but the dollar was bashed so hard that it had to rally. Dollar forward sentiment gauge bottomed last week and is up for a couple of months. The only long legs for the dollar is world economic weakness, but we won't see that for another couple of quarters.
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crude may hit 88.77 or so. That would make wave 5 = wave 1, at least the way I'm counting the waves on the move up from the 10/29 low.
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