The market is weak, The Euro is pushing it up and nothing else that I can detect. Are there strong earning and emplyment reports? Not from what I see.
Will the market form a symmetrical H&S? I think not, I think this push will end before that. This latest ramp of pimp did it's job....whipsawed on a grand percentage level. I was short at 1103, which I thought was an awesome entry, and yet the market came back up in a a u-turn and took out me position, for a loss rather than a 20% nice gain.
Good luck.
