Tues Aug 21

Reverts to risk off chop and SPX 8 hr bearish warning returns.

Market dislocation and lack of consensus dominates again: another reminder how unstable the markets are…

GOLD and SILVER daily and weekly chart bullish warning.

Markets are still anticipating more Bernanke / Draghi intervention : Jackson Hole Aug 30 and ECB in early Sept.

Substantial EURUSD buying and USDX selling supports stocks once again thus causing more SPX short covering rally.

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