Friday, 5 October 2012

3pm update - slipping back

A bit of a messy Friday. We're seeing weak commodities, especially Oil and the Metals.




I'm certainly not going to get excited if we close red, but it would take the edge off what has been another deeply frustrating week.

If Oil can close <90, that would meet my second red flag requirements.

*AAPL is weak, a close under the 50day would be a little bearish warning for next week, but really, its arguably the last stock in the world to short.

back after the close