Closing Thoughts

1:01 pm PST. There is a possibility that TLT could gap one more time to the upside tomorrow perhaps to $123, but I do not think it will get very far. GDX also looks it could do another high tomorrow, but I still think this is an ending wave.

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The Russell 2000 closed very well, and I have a bullish bias. The financials were able to rally off their lows and I am bullish. SPY held the triangle low and bounced off the lower trendline. It looks constructive.

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