The market yesterday was very strong.
The rest of the Asian markets were fairly weak. Currently Europe is trading firm but by no means strong. Gold is Down and so is Oil, the dollar index is trading at $80.73. The Euro is up fractionally also.
Some of the things i think are important are the headlines. China is telling it banks to limit loans to governments. This is a deflationary action. Also the treasury stated last night they will be removing liquidity from the system.
If we do get some kind of bounce i will look to exit my SD energy play.
The trend has changed and i am shorting rallies instead of buying dips.
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