I have repurposed this post – – originally it was a "throw the hands in the air and buy UWM" topic, but I've decided otherwise. I am no longer in TWM, but I'm not in UWM either. This market is making me uncharacteristically capricious.
Let me show one chart that has acted nicely and behaved to technical normalcy – – SLX.
Well-behaved charts like this are getting to be few and far between, unfortunately. But you take what you can get.
