Monday, 30 December 2013

10am update - minor chop

The indexes open with very minor chop, with first soft support in the sp'1835/33 zone. Certainly, bears  haven't a hope of sub'1800 for some weeks. Metals are weak, Gold -$9. Hysteria stock TWTR, fails to hold the 62/60 support zone.


TWTR, daily


A little minor chop to start the week, but there is still some interesting action in individual stocks.

re: TWTR, the hysteria that it is...I'm still a little surprise to see it lose the 60s. Oh well, maybe they want to knock it back to the $50 threshold..before the next ramp into mid/late January.