An Important Session

Although I have been unrelentingly bearish for some time now, yesterday I began to smell a bit of a turnaround.  Just a sense that things may of bottomed out. If the market can keep its early gains today and finish on a high note, I think we could expect a strong short-term move upward.  If it’s sustainable will be debatable, but for now I think we can get a rally because things have gotten way oversold.

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