Ok i get back from 4 weeks away and bears are everywhere, for a good reason mind you, but this week saw them cover there positions on a MIGHT happen event? Will our market bears 100% cover rally us to the upper trend line or even break her and grab the 50%.. The Banks are running into Div time so the yield bulls would say YES? Also take note of the RSI !
Then we have the BEAR case of have we really tested the supply down here and will the debt dramas unfold to tell a truth that is unknown? I have zoomed out on a daily and have shown the similar pattern evolve will we test the trend again making it a multiple striker? They cover positions here and give em a chance to reload at that trend line (in above chart) then force 1 final thrust down to the 3700 support zone?
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