The green line indicator that measures price is rolling over ... we may not get a dip in price here. This means in my opinion there is still some strength in the market. This is for the hourly chart. As you can see on the next chart ...
... that the money flow is rolling over ... so we should see some weakness in price or at a minimum price moving sideways. All indicators are showing overbought with the lone exception of the green line which measures the intermediate price strength and cycle. Based on this we may still see higher prices ahead. Today the NYSE had a volume down day of 58% plus we had over a billion in cash outflow in today's market.
I still think its all going to come down to this ... the dollar. If the dollar moves up from here we should see a weaker market ahead. It looks based on the indicators that the dollar is due for a move up in price in the short term.
The green line indicator that measures price is rolling over ... we may not get a dip in price here. This means in my opinion there is still some strength in the market. This is for the hourly chart. As you can see on the next chart ...
... that the money flow is rolling over ... so we should see some weakness in price or at a minimum price moving sideways. All indicators are showing overbought with the lone exception of the green line which measures the intermediate price strength and cycle. Based on this we may still see higher prices ahead. Today the NYSE had a volume down day of 58% plus we had over a billion in cash outflow in today's market. 
I still think its all going to come down to this ... the dollar. If the dollar moves up from here we should see a weaker market ahead. It looks based on the indicators that the dollar is due for a move up in price in the short term.
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