This was obviously big news overnight and has out markets
rallying hard on the heels of a strong rally across Europe. The leading index
of Europe - The DAX - opened on its 200day moving average of 6280 and is now
also over its 50day moving average at 6390. This are 2 very positives that
should lead to an extension in the near term. Watch your shorts...and I dont
mean the swimming kind for the upcoming 4th of July holiday!
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