Both markets pulled back yesterday, giving an opportunity to get LONG AGAIN!!
However, reading a lot of blogs, listening to CNBC (useful as a CONTRARIAN indicator) it seems still that the majority
"don't trust the rally"
"forming a top here"
"Euro is a sell"
So it seems that many will have sold into recent strength and any weakness they take as a sign that the market is now going down. Feels like the markets will do the opposite and are winding up for a fast break North!
Crude oil also breaking out above 100.5 see previous post here
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