I had hoped that the prior week would bring some kind of resolution to the massive “face-off” I’ve been mentioning endlessly but, sadly, it didn’t. (Although I guess at least it didn’t resolve in a bullish direction). Below are six major cash index charts, all of which in one way or another seem to be at a crossroads reeking of indecision. Either the bulls or the bears are going to be very, very happy with the release of this tension within the next few weeks. I just can’t for the life of me figure out who.
