Date: August 17, 2018
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$IWM triangle
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$QQQ and NQ double hammer on support. Possible IHS.
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financial assets as % of GDP.jpg (814×527)
EM vs DM FX vol.jpg (873×594)
bull markets history 2.jpg (875×568)
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EUR:USD rising...needed for Gold to have traction to the upside.
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As the top component of XLY, Amzn helping my short, which needs to break below the rising wedge.
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Who knows...the next hours could change the picture, but for now, AMZN looks not to be able to hold its tippy top.
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AMZN - the leading sheep of the flock.
Watching to see if it drops and holds below Red line.
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