rally will continue in Asia and Europe as they "catch up" with US! It seems the equity markets have now diverged from the yen influence present since late February. The rally here has maybe just a bit more (if at all) and then we go down. I still think intermediate trend is down and today was a bear market rally. these are usually vicious as we saw http://lauristonletter.blogspot.com/
Europe and Asia are followers and when futes get pushed up in overnight session it will create a selling opportunity into the US AM session.
Up early with a negative finish. I figure overseas traders will have had more time to scrutinize the fed's comments, which hardly justified the rally we saw here today. But then again, when the bulls are loose, logic be damned...