Monday, 14 March 2016

1pm update - still leaning to the upside

Not surprisingly, most indexes are in the process of turning positive, with a probable second consecutive close above the 200dma for the Dow/Sp'500. Metals remain weak, Gold -$5, with the miners naturally following, the ETF of GDX -2.6%.


GDX, daily2


Little to add.

Quiet day... ahead of some econ-data.. and an overnight BoJ policy statement, when the printers might be spun up some more.

back at 2pm