Saturday, August 11, 2012

The Post Olympics Rally

All seems alligned, which is not surprising within this uniquely correlated market (thx to all you Algos, Bots and Hal2000 out there) .
How far the 'Post Olympics Rally' can go seems uncertain, the patterns still look corrective and some medium term indicators are getting overbought.
But in a market with NO BULLS short covering can run some weeks.....









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