I know all logic says down Ridge but I hate to argue with rolling year highs. The SP500 finally broke out of its Darvas box omn my chart so that makes the trifecta.
I also worry that US fund managers have the intellect of 10 year old kids and you know what'll happen if you give a 10 year old kid a fistful of $'s.
However the 10 yr Treasury yield moved up to 4.6% last night. A move to 5% isn't impossible and then the excreta may hit the fan.
Bottom line is I look at eveything and know nuffin. :-)
Wild guess; there's a few more days of upside before it gets ugly.
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