sp'60min
Summary
Welcome to May!
I think there is a fair chance we'll slip 4-6pts lower in the opening hour...which for me, would be a buying level. Certainly, primary weekly trend is to the upside, and the sp'1900s look a given.
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I will be seeking to pick up my drilling stocks again, DO, RIG, and SDRL
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Update from Mr Permabull
Oscar was bearish for a day..and now back on the bull train.. I'm not surprised.
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Good wishes for May trading!
9.22am.. a touch of weakness out there...especially in the metals. . Gold -$10...Silver close to taking out the 2013 low.
I remain looking for sp'1878/75 or so...which should be a shopping zone.
9.41am.. LONG , via DO, RIG, SDRL
The opening drops are in the range I was seeking..so...now I sit back...and see how we trade into the afternoon. I would be content to hold ALL into the Friday jobs data.
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