This appears to be a technical relief rally. Those who tend to be bullish or optimistic traders have been battered over the past 6-7 months. Any sign of relief when coupled with an oversold condition will trigger a short term rally.
I don’t believe it.The worst of this economic slow down/ recession, is still to come.
If Wall Street is still in a happy mood after a long cold winer with outrageous fuel costs, then I will believe.
Noty now .Save your money