Lot's of shares have changed hands in a short time on SXY. Not everyone has the same agenda. Shorters like their play and won't give up while their is still a good chance of more volatility in the broader markets. Short term longs are looking for some quick churn and longer term longs will be accumulating for the "real" market gains.
The oil price is the judge jury and executioner for all involved.
Eshmun
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Signs of Bullish behaviour, page-87
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