Whilst I am the first to acknowledge that, as a trader, I must accept that the market is always right, there are times when I can't help wondering if the rest of the world is seeing something that I am not not!
There is so much financial trouble in the Eurozone...and in the USA...that to me, it is almost inconceivable that the markets can rise and take out previous highs.....but the bulls are still in there, fighting hard and it's a case of "wait and see" who wins the battle.
I, for one, will not be joining the bullish camp until my charts, patterns and indicators tell me to do so....until then..I'm staying on the short side.
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