We've come full circle and retested the January highs as well as the May-Sept. trendline. Now what? Well, after reviewing all of the charts below, a few themes are developing - negative divergence to higher prices; and, bearish candlestick patterns. Also notice that volatility increased today despite the big move higher. Financials failed to really participate in today's big move and volume was luke warm. The commodity led rally will end when the $USD reverses its downward trajectory. We got a first hint that the $USD may be bottoming as it carved out a hammer-like stick with long lower shadow in the support zone. Start scoping out some good reversal setups as this rally concludes in the very near-term.Click on the charts below to enlarge and read my chart notes.
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