I have to say, I am surprised seeing the USD crash today. It did have a weak bearish wedge pattern but I didn't anticipate this. We are seeing a move up in commodities but not as big as I would have thought.
I hopped into a Jan GDX call spread 15/16 a couple days ago and will hold through turbulence. Hopefully things gain traction unlike when the previous buy signal failed a couple weeks ago.
Potential double bottom with pretty good positive divergence here.
We may be setting up for a bear trap here but there's still risk of gold slipping down to $1000
Buy signal on weekly
HYG showing pretty bad negative divergence although this isn't the best of indicators.
SPY looking likely to get close to support