Move up was predicted on Friday
Last week I stated on the blog that one of my indicators that has previously , and reliably, predicted a rapid move to the upside was telling me that we would likely see a rally over the "next 1-3 trading sessions." As I had called it, we saw it materialize yesterday and today. I think this is the start of a medium term rally. I have re-entered the positions I was stopped out of during the head fake that happened last week.