All Bulled Up

There is nothing like a buy the bad news reaction to turn the final non believers into believers. In the meantime all the market has done is revisit last week's highs.

At every high in the past year the market has spent some time testing the highs and even making marginal new highs before rolling over. I believe that is what is currently occurring. I remain of the belief that a tradable top is being put in. Have a good night.

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