1/24 1:15

I exited the bulk of long stock ETFs because of the behavior of SP and NQ.  While the Dow was running away to the upside SP futures were merely approaching a lower high.

Nasdaq futures are only now approaching declining hourly M/A:

The DJI has either completed it's daily impulse or will extend on a minute basis to complete it.  In short, the odds favor standing aside.

I sold DX at 78.17 at the red line 10-minute M/A.  I'll re-enter on this M/A (the 1-minute, 260-unit) on a 1-minute close 5.5cents beyond (currently 78.225).