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The video in this report is only accessible to members
Thursday failed to bring much relief, as SPX, DJIA and NASDAQ all closed at the lowest prices in more than a month.   US 10-year Treasury yields barely missed hitting new highs for the year, while Gold sold off to the lowest levels in more than two years.   Crude oil and Cryptocurrencies look to be rolling over as well and likely trade down into early October.   Overall, this remains the most difficult seasonal time of the year, and not much, if anything is working right now, outside of Cash and the US Dollar pushing higher.   It’s my thought that the next three weeks will prove difficult for risk assets in general, and it looks early to attempt to buy dips for anything more than a 1-2 day bounce.   Pullbacks down under 3700 look probable into early October, and QQQ very well could retest June lows.  However, the combination of bullish cyclical forces turning higher starting next month, along with bearish sentiment likely reaching more capitulatory levels, likely helps to put in a low in October, at a time when no one expects it.  Yields turning lower are a key part of this argument, and likely hit strong resistance and turn lower within four weeks.   Bottom line, the notorious “Bear-Killer” month and a seasonally positiv...

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