SPX topped? Highly probable now.

SPX started a fast decline. I advise not to try to catch this falling knife. There is no sign of a bottom yet. I'd rather short this or buy some SPX short ETF.

Agriculturals' bear market is ending

I have posted about DBA's bottoming pattern before. We have seen a very strong bounce recently which broke the declining red channel. I do not follow all agriculturals closely but sugar and coffee, as you all know, have been my favorites. Sugar is performing well. Coffee still has to break up some important resistances.