From the following weekly charts, one can see the next leg of this rally is developing. In my previous post, I have put out some possible measured moves to be monitored as this final leg is being play out. I will not be shorting this market here. Yes, the fundamentals are still bad. But this rally is purely based on technicals, just like the crude oil. As a trader, it doesn't matter what the trend is based upon. You just go with the trend and do not fight the tape.
