Markets bouncing off lows very well, but like all bear market rallies , this one has it problems too.
The p/c is very low and also S&P500 will have huge resistance at 720.
I am hearing of some "hearing" for Mark to market , fasb 157, rules to take place on this Thursday.
So be careful no need to chase this rally if you do not have long positions already.
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RTO Gets Serious: October 1
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