Are We Done?

By -

You have never………ever……….seen a person enter orders so fast in your life.

I'm going to do a post later once the dust has settled (the closing bell just rang), but my bullishness toward energy and bearishness toward the dollar seems to have been the right way to go.

As for equities………I have gone long QLD and SSO, but I won't be convinced until (a) we push above today's highs (b) we push our way out of this triangle.

We still have the risk of "falling away" down from the red line I've drawn.

I would also point out that the EUR/USD is finally starting to show some signs of basing and turning up (e.g. turning the dollar downward).