Dear Readers, the selling pressure has evaporated from the Stock Market, but the decline, so far, has been modest. Another bear trap for shorts? Well, All I can say is that unless we have a quick follow true on the downside, we are probably moving higher again. Gold As yesterday, unless new highs above 2 days ago are made we look for lows on 19 Feb. Same pattern for energy. EURO and Bonds we look for the to go down. Especially we are bearish on British Pound. Good Trading
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