Thursday 7 March 2013

Closing Brief

A very dull Thursday, where we again saw a little of the usual latter day algo-bot melt higher.  For the bears, this sort of day just makes this market nothing less than a nightmare. For the bulls..the closing gains sets up a gap straight into the 1550/60s tomorrow morning.


sp'60min


Summary

It looks like we're already seeing the bull flag confirmed..and a move into the 1550/60s looks very likely tomorrow.

I continue to see VERY disparate outlooks. Everything from sp'2500 to sp'500.

Anyway, lets see how we open tomorrow, as they say..one day at a time.
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*I merely holding Silver (long) overnight.
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the usual things..later.