vt, I am expecting PM weakness going into the FOMC, just before or after which that fence may grow in height, ggg.
Agree on the contradictory signals this morning, I also profitably retrieved trading shares yesterday and this morning. Had some hedges in place that I left in place, so am actually net short, albeit slightly, a position I will soon close.
So I guess I have to beware of the pickets also, ggg.
Support at 280 broken on spot, next support, well, I assume 66 on HUI, 60 is big support. Just watching the tape for now.
Best Regards,
Roebear |