Technically, the market is a real roller coaster and the fireworks don't look like they are going to stop anytime soon. However, if anything the last several sessions may have set up some extreme limits where we could trade short term.
Currently we have a very bearish fundamental picture, but there seems to still be good spec and hedge fund buying which we found today. This upside rally should continue with very little resistance since we have created a vacuum of air in the market and with a limit up move we could fill the gap up to 85.28.
marketing@alchempro.com
