Monday, 30 December 2013

1pm update - sleepy Monday

Mr Market is slipping into a very subdued mood, price action is generally very minor. Metals remain weak, Gold -$10, Silver -1.8%. Shippers and momo stocks remain weak, and TWTR looks set to close <$60. Broader market upside later in the week is expected.



With next to zero downside power on the bearish side, Mr Market should be able to hold the sp'1835/30 zone by the close, if not also across Tuesday.

Does anyone seriously think the market won't rally later this week?