Gap Up Rules apply… A little disappointed in the lack of follow through today in all the stocks I track… We might get a little more pullback in UUP to finish the minuette iv then up to finish the v of (i)… The wave (ii) pullback might be trade-able to the long side but may be risky unless you have cleared money and can exit the trade quickly… EWO has broken above 0.0 line which is a good sign… keep looking for higher peaks with higher highs… Remember when we get a lower peak with a higher price, the move is over…..

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JDST is tracking pretty well with the Dollar. Indicators are pointing down for completion of minute (ii) although the SlowSTO (not shown) is pointing up… Wait and watch….

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