With the 50% haircut now out and known, the market is in bull mode but we are at a critical point, 1275 level on the SPX, which is the 200-Day Moving Average. This move has squeezed much of that sideline money into the market but the shorts might be seeing this move as an opportunity to challenge, especially since we got to these levels so quickly. Crude is a barometer for me, if I see some weakness or profit taking that might be a sign, at least for the short term, that battle … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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