Definitely the bounce off the 50 EMA proved to be a floor again- we are 40 point above it and just like the last time we hit the 50EMA market bounced hard-
Update:
CTRP new highs
MGAM new highs
not a lot of action but we are still coiling close to the highs so definitely leaning long on strong sectors like bios.
Friday, June 7, 2013
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