Friday, 28 March 2014

10am update - opening gains.. again

The market opens higher for the sixth consecutive day, the issue again is whether we'll see another reversal. Equity bears need to contain the bulls to the 1860s, any break into the 1870s...would be a problem. Metals are weak, Gold -$5


Summary we are ever..what matters how we close...not how we open.

VIX has naturally been knocked back into the 13s.


Bears need a daily close in the 15s..if not the 16s to really confirm better things ahead.

10.03am.. Mr Market washing away..ALL the weak bears...and drawing in the bull chasers.... for the sixth day running.