well, perhaps the markets know something we dun't, it keeps rallying, while Euro, Oil, Gold keeps falling.
reaching 1302 as of now. Possibly there are too many Put options out there expiring this week, market wanna take them out.
safest time to reenter with a short would be this Friday.
Expect SPX to move up to 1320 to 1327 level, as projected earlier. Won't rule out a spike to 1340.
also expect Euro to drop towards 1.4700, the much awaited target.
Gold to 600 was some targets others were talking about.
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