I managed to buy in and just caught the rally.
This pull-back was likely if you consider the opportunities to take that quick profit (T+3 etc included).
Your advice sounds balanced n45. The key here is of course based around the speculation as to the likely results ahead.
The sp has held well today considering the volumes and the predictable profit-taking. As I observe it, this has been the path for SXY anyway. The late movement suggests to me that the pause will not hold us from further movement towards the upper 90cent range as it bounces off $1 in the week ahead, I reckon.
I'm happy to be here.
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