11am update - snapping back higher

With no downside power, the market is snapping back to the upside, a net daily gain now looks probable, although a break above key resistance of sp'2111 will be difficult. Metals are increasingly weak, Gold -$15, with Silver -1.6%. Despite inventories of 5 million surplus, Oil has swung higher, +0.4%


sp'60min

sp'daily5

Summary

... battling to install some software... back soon!