Tuesday, 12 February 2013

3pm update - toppy micro-cycles

Mr Market is again a little exhausted after hitting sp'1522, a level virtually no one foresaw a mere six weeks ago. The small 15/60min cycles do look kinda maxed out, there is easy room for a little downside to 1510 early Wednesday.



Not exactly exciting, is it?

No doubt, many are now sitting back, and waiting for his highness to issue some more proclamations later this evening. Perhaps..capital controls?

No. No yet...but they are coming.

*still watching Silver..its had a good little intra-day bounce..