StockTock.com discusses the market’s weakness and how to trade it. The market appears to be on the brink of a major breakdown, however, one final push higher to a double top level is still a possibility. The XLF is weak but holding its channel. The 10-year treasury bond is testing important support. The US dollar pulled back slightly, boosting commodities such as gold. We use Elliot Wave Theory to predict the market’s next major move. We also touch on LEH, GS, and USO.

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