Monday 25 March 2013

3pm update - messing with traders heads

The market is rattling a fair few today on both sides of the fence. Bulls chasing the open got burnt...bears chasing the earlier decline..just got burnt too. Its a nasty market..and it seems we're back to a phase of random EU news reports..all about word games/interpretation.


sp'60min


Summary

From a micro-count perspective, its probably pointless to be guessing, but I'll do it anyway.

Still seeking the sp'1570s..to conclude a final small blue'V.

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*metals are showing underlying strength..and Oil is certainly higher from the earlier drop.

I'll look to hold SLV (long) overnight. 
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back at the close.