We are averaging our derivative positions for the next few months when the RSI crosses the 51 level on the DJI weekly chart. We will only cancel averages if prices stay longer than 3 days <24k. The inverted shoulder-head-shoulder pattern can be seen in most world indices.
I take this opportunity to reaffirm our outlook for the markets in the coming months, being a bullish stock market, bearish commodities, a bullish dollar and a bearish euro. As for blockchain, it will be decided in a break very probably in December.
Thanks,
James