So... haters are not writing anymore? What just happened? Maybe the long month gains in same indexes wiped out in days? Just keep buying volatility because this isn´t over yet, is just the beginning.
OIL my guess is that a powerful move up is on the cards, there was a relief in prices and now new highs are coming... charts are telling that, what will be the cause the media will write about it.
Carefull in these trading environment... buy and hold with central bankers protection is over and the result is... estagflation.
Extremely Overbought Equity Indices That Were Probably Looking For Reason
To Sell Off Find One In Last Week’s Spike In Long Rates
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An extremely overbought equity market used a spike in long rates as an
excuse to lock in profit last week. Maximum complacency is evident in
equity options...
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