Oil tested $50 and failed. Stocks rallied 3% and then gave back half. Stocks reached a 20% move up from the bottom and it looks as though some short-term momentum types are happy to take some of their chips off the table.
With EUR/USD near 1.35, (1.3460 at present) taking a few profits, if you are lucky enough to have some, looks like a very smart bet as well. Ring the register for at least half until reflation is clearly established.