At last nights close the NYSE composite had created a pattern that suggested a two-thirds chance the broad market would fall in price.  Did the “Power of the Pattern” have any idea what global news would take place? NO!!!  Yet the patterns do have a great ability to see what could take place around the corner.  (seeing around the corner)

Please respect the “Power of the Pattern and the Power of Deflation!”  Patterns suggested over THREE WEEKS AGO, that DEFLATION/LOWER PRICES were in the near future.   (see trend reversal/deflation post here)

 As a reminder, due to the patterns of late, we are attempting to score on defense by owning SMN, DUG, PSQ as well as long the Dollar and TLT. My focus now will be when to harvesting these defensive positions.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past