Market read

I'm trying to get something out there...

everyone has busted out the slide rules and calculated upside targets...

Bla Bla Bla

Je... it was only Monday and the world was going to end... now it is all liquidity driven bla bla bla into Jan 1 when we will promptly crash....

we hit the last near term high and pulled back, which is perfectly normal behavior.

normal uptrend would be sort of a pull back, as we have had since noon. and for us to reverse and make some new highs. Deviations from that ... would show a deviation.

to be bearish one would want to see an upswing which fails to make a new high....

Then you want to see the next pull back, then another upswing, which fails.

Interesting in the notes I've received from the mid tier investors, that make me think that even if dubai isn't a reason to sell.... it may be a reason not to deploy new cash.

The other thought ruminating in my brain is if there is anticipation of a positive NFP on friday.

Trade Accordingly.