Eye on the Market: Bounce into consolidation. Out of DWT into UWT. EWZ and INDA test highs. EWW, FXI, RSX and EEM gets spotlight.

Published: June 1, 2019, 1:47 p.m.

Welcome all

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Pat yourself on the back for not buying (/CL) oil above $60. 

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Opened up position in UWT because the sell off was severe. We aren't running on hydrogen yet, LOL.

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Profits in EWZ and INDA. Sold shares but holding contracts.

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XLP looking strong along with the other markets looking for a dip.

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Most likely see bonces in the emerging markets and outside the US before the US markets recover.

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Diversify but you can diversify well enough just trading the US stocks and ETFs.

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Good luck this week.