Some Interesting Charts

Dow Transports 

• intermediate cycle top in the process of being formed
• major support at diagonal time-price square

S&P 500

• intermediate cycle high being formed
• sell at break of vesica piscis trendline (any close < 1306)

US $  

• market is very oversold

• the structure of the expected bounce will tell much about the long term and intermediate cycle status.

10 year T-Note 

• short opportunity of a generation is approaching
• monitor T-Notes for spectacular selling opportunity.