Is this a health correction before a rally, or a rally out of steam?
50% retracement from Nov 5 high to Nov 21 low has been achieved. Market take a turn down.
There are mixed signal from US.
All indices have rallied for a week, and end up on high notes. Of course on weak volumes.
But Treasure bonds and notes were yielding at near record low, and the mighty VIX actually inches higher at 55.28.
We US future still make us and everyone else dancing around. We might anticipate a correction in US tonight?
We lead the world market for the last couple of rounds on the down and up. We might do it again today.
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