Benchmarks : Weekly Update

• Significant quarterly, monthly, weekly trade signals generated on yesterday's close. No particular one piece of news the obvious trigger. That's the indication of a good trend, when strong moves happen in the absence of news.
• USDX : Chart self explanatory. It's going up!
• US10YY : Feels the weakest trend of the lot (as in least meat left), but then again, little reason for yields to squeeze up given Fed commitment to low rates for long time.
• SP500 : Still within triangle, but price action this past week suggests that selling rallies every time we try to move towards the topside of triangle is the right course of action.
• Gold : Game over for bull trade. Even if we are to go on to make new highs eventually, it is a huge ask and will take the longest time. Lost interest in gold here, until a base is built. No need to go bottom picking.
• Awash with relief here that Aug's massive loss is now fully covered. Thus, whilst new sell signals are being formed, I have taken profits on a lot of positions and reduced exposure instead of pyramiding on. Had expected a depressingly long stretch of months of staring at losses but immensely grateful to have gotten out of the big hole so soon.