Good morning, Slopers, and welcome to a new week, and a new month. If I was going to summarize my entire disposition toward my portfolio, it would be “Probably going to suffer a bit, but generally holding fast.” In other words, January was fantastic, particularly that last day, but the hundreds of billions of dollars of free “money” from central banks that have been announced will probably be able to prop things up for a bounce.

Having said that, let’s stroll through a few charts based on four-hour bars. That gives us a somewhat close-up view while still providing some medium-time perspective.