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Setting up a nice Bullish Engulfing Candle on the Daily, this would tank US equities. Also, gold has been strong, fear is increasing, and some Euro market bonds are jumping up in the yield (aka interest rate). This could be another Lucy snaps the ball away from Charlie Brown the bear, exp at the 4% type of level that convinces bears to "hold there ground" and take heavy losses against an uber ramp. But I don't think so, Euro looks poised to tank quite a bit more and Cable showed that way too on a blimp float swatdown (sure laugh all you want).
