One More Loop UP

With dollar weakened for 2nd day almost reversed turtle soap buy set up, equity rallied with good news (late) of Paulson Co. took massive position in BAC. You would expect a 3% rip at least, right? Nope. only a peanut gain but new closing high for S&P anyway. Volume is still unimpressive, and this small "breakout" is another sign of fatigue. You can't push forward when wind is on your side, which means we are at important juncture for market to change direction.

Nonetheless, I expect commodity will make a new recovery high in 1-2 weeks before dollar bulls fight back.With stocks also go to making a final push and roll over.