I say trade accordingly to the momentum when short term trading. That has little impact to the longer term impact of one's bias.
Rather disappointing with the performance of GP yesterday. Yet I was half expecting it when there was no follow through yesterday against such a bearish momentum swing.
Instead of worrying about who has been manipulating the GP, it is better to think constructively as what can continue to propell USD strength. That is the negatively correlated relationship. Even though the dow/sp300 continue to move upwards I can't see much positive drivers beside the bulk of rush to USD whether external or internal generated events.
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