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By Chris Becker
There were no major economic releases last night (save the RBAs thumb twiddling in the afternoon) with only a construction PMI print in the UK and Fed members talking the US economy up on lower oil prices dominating. Stocks were up across most major markets following yesterdays reversal, but oil itself took another down leg alongside other commodities.
First to the S&P500 where that tentative short I had on amounted to not much as the “buy the dip” crowd stepped in swiftly, as always:
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