All current rallies from stocks, to the current Euro rally are all looking extremely overbought (in bear market). With very few, if any fundamentals that support market optimism:
*US unemployment at 26 year high, watch for payroll Friday
*Euro and AUD in artifical rally (showing oversold signals)
*ETF emerging markets are over sold, put orders overshadow calls
EUR/USD overlayed AUD/USD:
Dow showing oversold signals
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