A Rally Filled with Carbs, Gluten and Transfats

Yesterday’s feeble rally may have been loaded with gluten, carbs and transfats, but it achieved its goal of keeping shorts on the ropes.  It also brought the E-Mini S&Ps inches closer to a rally target that has obtained all week — a target you shouldn’t hesitate to short, provided certain conditions that I have spelled out in the touts section are met.