Great raly on the equity markets, Wall stret really looks in the mood and everyone is bullish over there even the CNBC are neutral to slightly bullish, they have given up the ghost.
The USD was pummeled today and whilst equities rallied very nicely commodities have stayed flat.
US bonds have been flat and a very poor investment over the past months - but we are seeing this 4 month uptrend line being held and one to watch.
According to my chart, tonight is the last hoorah for wall street before a significant USD short covering rally and perhaps a correction in equities - I would prefer to be weighted towards USD longs than equity shorts.
Good luck traders and watch that 24 hr bend.
titanic tuesday
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