Really closed to hitting target 1 (off by -.14) and rejected at the 20VWMA. Par Sar buy intact with VSS still flashing sell. Watching DXY here.. Two plausible scenarios here:
1. DXY bounce taking market to 203.79 allowing consolidation for move up to 209.16
2. Keep pressing up to 209.16 before headed towards the low at $197 area
I'm prepared for both. DXY looks like it wants to bounce soon. Will be this week, which is bad for equities.