Now we all know that today is the 2nd day stocks have rallied now that all banks have guaranteed all deposits. Frankly, I think this is a last shot to boost investors' confidence and while I should be cheering, I think we have not seen the bottom.
I think we will see more volatility in November but that's for another story.
I attach the daily chart. If the market can hold above 1.3660, we will see an upclose above 1.3712.
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