The market got a strong bounce in early trading, but seems to be giving most of it back at the moment. This is exactly what happened on Monday, and is one of the reasons you always hear me say that I don’t like strong opens in the market. I would much prefer early weakness, and then have the market rally into the close. Maybe that can still happen today.The Yen peaked on Friday, and is down today for the 2nd day in a row. I don’t want to see the FXY take out its November high. A lower high on the charts would be better.Sentiment remains highly nega[...]
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[Source: The Money Blogs]
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