Thursday, 14 March 2013

2pm update - another day of gains

Markets are continuing to hold moderate gains, USD is cooling down ,and is now down by 0.44% Oil is a little higher. Gold is +$4, Silver is still battling to get back to evens. Bears face an opex Friday, fuelled by a rather large 4-5bn POMO.


sp'60min


Summary

Not much to say..hourly MACD cycle is starting to rollover, maybe we see blue IV tomorrow?

Best guess, blue IV...Monday.. after opex!

*will probably hold SLV into tomorrow
--