Guidelines Document Says EFSF to Be Able to Buy Bonds on Secondary Market, Euro Rallies

Market surges up on this news as EUR/USD trades higher and the /DX gets crushed. This action favors commodity stocks that have held up strong during this chop consolidation. Also we have to see if these gains can hold and not get sold. Besides that if we have an up day look at the energy sector on the back of relative strength and dollars heavy selling.