I still believe that the positive divergence between the CTick and IWM is due to the end of the Month reverse repo activities.

No way to short this market here. It will - probably - bounce on Monday.

Oil could be in a stronger reversal now. At least this is what SCO is telling us.
So I am long XLE, even against a weak general market.
I am however keeping a stop below yesterday's low.



Pascal

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