After Friday?s broad based selling, the Euro markets are higher in early trading as are the futures. Of course, it will be the close that is most important, and as I detailed in Friday?s Weak Ahead column, there is compelling evidence that this is just a pullback not the start of a more significant correction. This week?s price action will further clarify the outlook.
In this week?s Barron?s Trader Column, they quoted ?a recent report from Savita Subramanian, Bank of America Merrill Lynch?s equity and quantitative strategist.?
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