Friday is big day & China PMI over weekend....still not sure
whether to short. Heard Brent may rise to 118 before correction.
That means WTIC will rise to 100 before serious correction.
Perhaps will daytrade more.
China will show good numbers. No one can predict what the chinese economy is really doing. The Chinese don't want anyone to see if they are not doing well...
Sentiment: Strong Buy
Also, look at dollar index & gasoline.
USD may go below 79 & gasoline may rise to $3.40 like
year. I think it's too early to short in the middle of bull market.
Bonds may dip even more if better econ numbers come
out in next few days.
Gotta study my charts more. Criticisms welcomed.