US stock markets need to finish the bounce (per SPX and VIX targets) to activate part 2 of the plan. Then, out beyond these short-term moves is a decision point between cyclical bear and final bull phase (manic up). No need to make predictions right now.
Certain global stocks markets are bouncing toward clear bearish (shorting) setups, commodities are in a bear bounce as are precious metals, which have the distinction of improving fundamentals over commodities.
We also updated indicators, currencies and market sentiment.
Another report that I found very helpful in clarifying my own views.
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