Market Outlook

Jackson Hole bounce continues but it's a counter trend rally as
larger equity trends remain bearish and a USD rally lies ahead.


[I'm currently short Gold 1,857 as posted at blog]
stockmarket618.wordpress.com
 
Volatility will be subdued until Bubble B. steps up to the podium. Hopefully he indicates no QE3 and stays out of the headlines for a very long time.
 
Jackson Hole counter trend bounce reverts to bearish again.
It keeps fluctuating as it’s a battle between a bullish shorter
term cycle intersecting with bearish medium/longer term cycle.
The only thing guaranteed is that the bearish medium/long term
cycle will have the upper hand.
 
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