Six solid weeks of failure for those on the bearish side. A major ramp from 1398 to 1518, 120ts, thats eight percent! Yet, even worse, there is simply no sign of a turn lower.
Why can't we just keep going?
sp'1600s in March...the 1700s by early summer?
Why not? We have the POMO dollars, the algo-bolt melt, and the cheer leaders in the mainstream, ALL touting that the world economy is 'continuing to recover'.
Crazy times, and they look set to broadly continue for many months..if not years.
time for lunch