What a dramatic weekend! GOLD has fallen over $100. But on the weekly chart, this happened before.
It is just a very evil asset as we have been saying ... Stay away from GOLD!!!
SPX might have bottomed on the hourly chart ...
Bad Chinese macro data happened before, it USUALLY reversed after making a low in the PAST ...
Let's see whether this time would be the same ...
But you know my drill, I will never long if the first pair of higher high and higher low has not formed on the 15m chart, i.e. a double bottom has to form first ... it's promising ...