Wednesday, April 10, 2013

Blow off top and bear rape in progress...

Just for good measure, the bears are taking one final financial enema.  The OEX is currently pressed into long term resistance while the Dow and SPX are trading above theirs.  We'll have to see what the eod data shows but I suspect the markets will drift marginally higher for a day or two, before taking back all of today and yesterday's gains.

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