Don't buy it. The little hammer in February formed and was a factor, along with sentiment readings at the time, used by NFTRH to project the most recent rebound (in hope, greed, stupidity... whatever you wish to call it).Bulls will spin this as a hammer, but there is no relative downtrend in any kind of proper proportion. So, if the market rebounds here it will more likely provide a retest and opportunity to put on additional shorts.
The whole world are PIIGS. This is the interconnected paper-over global financial system we have. The ticky toc clock hath struck midnight me thinks.
