Tuesday, 15 March 2016

3pm update - sleeping into the close

US equities are set for the second consecutive net daily decline, but we remain well within range of the recent high of sp'2024. There is little reason why another spike higher to the gap zone of 2038/43 won't occur.. whether late tomorrow.. or Thursday. In any case.. a key top looks set to occur.




*metals remain a little weak, Gold -$2, but the related mining stocks are holding up.. GDX +1.0%

.. this market has been too subdued for me to remain awake today.

Either that.. or its the lack of sunshine. urghh.

Today has indeed been subdued, tomorrow afternoon offers something different :)

back at the close.