Market Update Important

For those who are trying to play this nimbly, this is an important update for you.

From looking at the charts thus far and I still need to look at risk assets, the market looks ready for a breather, even during the downdraft we saw the last couple of weeks there were days when the market was flat or even up.

Short term the market is getting to a spot where it looks like it needs to take a breather, longer term I think we still have plenty of energy to see this market move higher, but if you are playing leveraged products, you might want to consider this so you can take maximum profits.

I'll look at risk assets and get charts up, but I think we are pretty close to that point now.