Sentiment measure I've read recently have suggested a strong bullish sentiment in the market. So those bulls need to feel compelled to switch to bears in order to flip this market's trend to the downside. It might be tough with QE2 on the table. But we'll see. Europe has some underlying problems surfacing again so we'll see if that picks up steam or not.
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PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.