The Spu has held yesterdays low of 1202. So now that’s a double bottom on the daily.
The miners are ripping, which says people are looking for another way to get long the metals
complex with less volatility.. Some of these miners do get plenty volatile.
The equity indices have not got a lot going on the downside. A cautionary note to short term traders,
watch the action going into the last half an hour of Index trading . This is when you can get new buying.
Money for nothing, you know the song, the bonds are firm and the stocks should follow..
Thank you Uncle Ben !
