3pm update - choppy close to the week

Market remains a real mess today, although for day traders, this sort of price action is no doubt a good thing. Dollar will close the week will some good gains, whilst Oil and Gold remain under pressure.


sp'60min

Summary

So long as the bulls can hold this market above 1501, there really is nothing for them to be concerned about.

I'm sitting it out across the weekend. I might take a small long position next Monday, and try to ride this nonsense to around 1550 by mid-March.

Regardless, its been an interesting week.

back after the close