That being the case, I see the overall economic momentum dominating – ie down. Not long after the open money poured into the “risk currencies” driving the market up. This happened in the face of another bad Baltic Dry Index report – ie negative news. I say you be the judge: see short term money come into the market and fly into the light of higher stock prices… or see the phantom gains for what they are (ie short term bets) and look for an opportunity to buy binary option put contracts and wait for the inevitable end of day dive.
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