US equity indexes open moderately higher, although the gains are a little shaky. Metals have reversed from early gains, with Gold -$1, and Silver -0.1%, the related miners look equally vulnerable into mid March. Oil has seen a sharp reversal from early gains of 2.0%... to -0.9%.
*PMI manufacturing: 51.3, not great... but neither terrible.
Any equity bear hoping for sustained action under the big sp'1900 threshold in the near term is set for a few more weeks of frustration.
**a new month, and the monthly MACD cycles have naturally adjusted.... but I'll cover that later.
time to shop.. back soon