After two hard weeks of selling, the bulls are set to finish higher on the week, and thereby lifting the optimism of Wall Street heading into the weekend. 

I’m 100% cash now, and I plan to keep it that way heading into the weekend. For reasons unbeknownst to me, traders are optimistic and have fueled an unexpected rally over the last two hours of trading. Next week is set to open with a large move based on the outcome of Trump’s talks with China at the G-20 Summit. I for one, have no idea how those are going to go, and when there are two massive sized egos in the same room, the likelihood for a compromise isn’t likely. 

So I am fine being cash here. I can always get back in on Monday, and will, should the market prove serious about rallying. 

Below you have the SharePlanner Indicator, and I’ll be honest, I am a little leery about it getting into the bullish extreme zone. If this is a dead cat bounce we are in the midst of, I wouldn’t expect this rally to last much longer, and the G-20 could be the perfect thing to spark the reversal.