Thursday, 7 March 2013

10am update - morning chop

Good morning. Opening index gains, but market is still looking a little tired. Its quite likely we'll just churn sideways everyone waits for the Fridays jobs data. I'd have to guess we have a very significant chance of trading in the sp'1560s tomorrow.




A choppy start to the day.

Most notable so far, the USD is moderately lower.  Its due a 1-2 week down cycle, and that would really help prop' up the market into late March.

*I exited SLV and USO at the open (both gains)..and seeking to go long again later in the day.