I would cover on a back-test of the falling support line connecting the Dec. and Jan highs, which I estimate is around 18.80. However, that's just me.
TNX is just sitting there right now. I think it will explode up on Friday's GDP. It needs another high, and it's building a bull flag that measures to a test of the Dec. highs. That will drag some stocks up with it if that happens, and will probably Dow move up quite a bit also.
FYI .I went 100% from UOPIX to USPIX at the close for tomorrow.But only for one day.If we have a down countertrend day as I expect I will go back to UOPIX.We should continue upward at an explosive rate following my prediction to break through the 200d MA and not look back.
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