A clash of Bull and Bears

Posted: March 2, 2016 in Uncategorized

March started on a really good note.

While enjoying the rally I would prefer to stay on the sideline.

There is little volume, the US BuyBacks are at historical max and some professional investors (like Bank of America) are selling as there is no tomorrow.

Also gold keeps rallying. Also for the FED it was important to respect the SP500 1,950 support otherwise the machine would have started selling.

So enjoy looking.

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