Tuesday, 3 March 2015

Pre-Market Brief

Good morning. Futures are a little lower, sp -6pts, we're set to open at 2111. Metals are a touch higher, Gold +$2. Oil is set to open broadly flat, but as ever.. set for further significant intraday swings.



So... a little weakness to start the day, but considering yesterdays set of new highs, there is little reason to hope of a trend change.

Maybe a minor retrace from the sp'2120/30s... to 2070 or so, but really... it is arguably a pointless level to consider shorting from...even for the day-traders.

Update from an especially loud and confident Oscar

Have a good Tuesday