"Shot across the Bow" looks important for Crude, Treasuries, VIX and likely Equities

Near-term trends are being tested after SPX’s break of 6700 on Friday, and any violation of late September lows of 6569 should result in the start of the anticipated 5% correction into November.  Intermediate-term technical trends remain bullish for US Equities, and despite some of the sector bifurcation, I don’t expect that any selloff proves long-lasting before a rally back to new highs gets underway.  Treasury yields a...

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