Hello All,

Back again with another quick update.  Our long-envisioned scenario is materializing before our eyes.

1. We got the retest aka 2nd bottom of the double bottom to hold.
2. Powell mollified equity investors with his more “dovish” comments which launched the EOY Bonus-Driven/Relief/Santa Rally/Short Squeeze into orbit.
3. The G20 Trump/Xi meeting didn’t deliver four-of-a-kind winning potential but it did still deal the equity markets a good hand just when needed.  The rally this morning will start out as a significant one and they could tack on from there.  We’ll see.

Remember, $281.00ish in the SPYs is a target for us and if stocks get overdone to the upside today, we must at the very least consider rolling aggressively or potentially closing out on some of the bullish names from last week.

More when warranted!

Thanks,

Wayne