Wait a day or two before going long on much.
Typically when the slope gets to the mid-line it putzs around a coupla days in & around the 10/20EMAs before resuming an uptrend.
I bet we wedge ourselves into another short squeeze at the next release of $USD negative news.
FWIW, there's no fundamental reason for a monster drop now, and there's more of a reason for the mkt to continue up.
Rising short bond yields indicate money coming away from the security of Treasuries and into the mkt.
I suspect a really high bid-to-cover ratio on lower yielding Treasuries (indicating fear) or the first lousy ExHomes sales/price will tank the mkt.
Don't know when that'll be, except for the houses, which may be JUL or AUG.
10:30 Bellllllls! That was a low.12:00 Well(p), maybe not.
1300 YEAY! Another low!
(Still ain't buying calls, yet)
