“When in doubt, zoom out.” Literally all you have to do if you’re playing the macro cycle. Corrections along the way up in the current market conditions are nothing but normal and healthy — period. Parabolic movements aren’t sustainable and are often seen when the music is about to stop. The later we see them, the better. For now — slow grind up > That being said: PA-wise, August is usually boring. Let’s see if history will repeat itself this time as well. Just enjoy the summer, get some sun and touch some grass.