The most significant development since my last posting was the price flip on the weekly chart. This triggered the pending TD Combo sell signal (see posting of 3 June) AND the more recent TD Aggressive Sequential sell signal made the week of May 31. With the weekly now on a “sell” my exposure to equities has been duly lightened.
As far as the daily chart goes (pictured above) not much has changed. We remain on bar 12 of an aggressive TD Sequential sell countdown. Please note that bar 13 can only form after a high greater than 1660.06. We also held above the Beta-X trendline on June 13 and TDST support has yet to be challenged.
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