MacroVoices #372 David Rosenberg: The Bear Market Bottom Is Not In
Macro Voices
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Crude Oil Futures Chart
The market had really taken a nosedive in the European session before the US data even came out. The Fibbertraceman zones lie very close to where all the lows occurred in the last six months. I'm still leaning toward the melt up continuing for a while. If we get as far as 4309 on the June S&P futures chart, then I'll short that level expecting lower numbers before this is over.
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