sp'60min
Trans'daily
Summary
Transports are the weakest index right now, and are perhaps leading the way lower into Friday.
These moves though are so small, as to be largely irrelevant.
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I remain interested in long Oil, or short silver, but not at these levels/time.
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UPDATE 3.03pm..clearly the USD strength is pressuring everything right now...and of course, we are due some kind of minor pull back.
Obvious rising support around 1620/15, and I sure don't expect a close under that.
3.17pm...watching clown channel, queen cheer leading getting concerned about the market 'struggle' this afternoon.
Can you believe it, they are getting twitchy with an index fall of 0.4%.
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3.27pm Maria 'we're WELL off the lows' lol, so predictable, but still kinda funny.
How about we close green to really annoy those bears seeking a major turn lower?
Gold still weak, -$14, with Oil -0.6$, but there really isn't any that significant going on, other than the gains in the USD.
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3.44pm It is time for someone to post another twitter rumour yet?
What about 'Fed to increase POMO to 50bn a day, and buy PCLN' ?
Hey, don't worry, 'we're off the lows of the day'. Great news huh?