The picture

  1. 1,383 Posts.
    1. US is overbought but is straining to go higher. One more surge I guess.

    2. Banks are a BUY short and medium term.

    3. Pullback necessary on resources (BHP RIO) before buying, but they will go further than the banks. They are about as short term overbought as the average mania spec at the moment, and will probably behave in the same way.
 
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