We continue to monitor the triangles forming on the daily chart for the next move of substance.
Today did begin to clarify some of the indecision, but there still remains a fog of sorts.
This is a possible trend construction we currently are in and this scenario is bullish and would call for a strong rally to begin very quickly as in the first trading day of 2008.
I have kept the 30% equity allocation into equities and the long term portfolio remains unhedged. I have also not made any changes to the short term trading portfolio and the 20% in 7 days portfolio.
We will know very soon what the short to intermediate term will offer and adjust our posture as such.
I continue to lean towards the bullish side.