Buyers be Aware!

The markets are very likely going to enter a period of consolidation. You can spot a lot of reversal signals on some of the diETFs from many different sectors, such as, FAZ SRS SGG DUG PSQ...etc. If you look at the SPX, today would be the first day we cracked the uptrend since almost a month ago. I am not going to trade much until the market shows a clean break to the up or down side from here.

SPX



FAZ



SSG



QID



DUG



SRS