A close below 2267.50 in the NDH futures puts in an outside

reversal day to the downside. Again this is generally a price negative pattern.

The TFH ( Russell Futures) will put in an outside reversal week to the downside with a close under 78130.

Long term traders….

Sell another 30% of your TBT at 38.50 Stop close only! NOT AT THE MARKET!

If this sell off in the commodities and equities turns into something more than everyone just being one way in the market, we’ll get another entry opportunity.

I would rather be cautious than give back a lot of this trade.

Be patient and let the board play itself out.