Friday, September 7, 2012

Bump! - 7 September 2012

Yesterday's market action just popped and propped the markets up with a spectacular 30 point rally. This is clearly bullish but could turn out to be the exhaustion run. Right now, volumes look good and should see some confirmation in a few hours from the NFP data.

I would say it is leaning towards a mild bull rally for now... Just a matter of how long more it can hold up.

The MadScientist
7 September 2012

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