Current Outlook 1) Stock Market –The SPX is very close to a new high, and the DOW is likely to follow. The reward-to-risk is slowly leaning towards risk. 2) Bonds – Bonds are likely in the declining portion of its cycle. We expect further downside before the cycle is complete. 3) Currency – The dollar likely printed a daily cycle low, and is set to rally for several weeks. While it rallies, gold should … read more Newsletter #281—Unfit Fitness Centers