The market wiped out all the gains of the the last 3 months in the last four days. It is not over yet. We will probably complete the 5 sub steps of the first step down of the 3rd leg down by today. Then we will have a minot rally in step two up and then much bigger decline.
Oil had a brisk rally in the last 3 days but we still have lower lows ahead till oil goes below $40 per barrel.
Gold should finish its consolidation by today or so and will then have a nice rally above Jan Highs.
Natural gas can make new lows. That is why DGAZ is going higher to new highs.
UVXY will also go higher after some consolidation in next day or so during any rally.
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