Based upon the US markets, I wonder if there is going to be another bounce first. A lot of stocks started to show signs of a bit of weakness, but not a fall as yet.
It looks like they are using the banks / financials to keep the appearance of strong markets at present (just like they are using Materials stocks here).
Maybe the majors (excluding WB) are still holding too many bank stocks
Funny the 1 session delay to the reaction from the Jobs Adjustments.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16963
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