At first glance, it might seem just plain annoying that the equity markets have spent most of the night fighting their way higher.
Take a step back, however, and a pattern emerges. It is my belief (or at least fervent hope) that all this push-back is nothing more than a bull trap.
An even bigger picture shows the potential.
The markets were down hard yesterday evening, but they’re virtually unchanged now. I suspect the bulls are in for an unwelcome surprise before long.
