I did say it was going to trade higher anyway lets look forward...
There is a number of issues I have with this move .
There is no follow through from the FTSE...
The currencies aren't responding as they should, bonds are only down a little and yet we are make highs here.
Oil is up a $1 while the metals are running .
The dollar is off a little nothing to be confident about..
This move unless things change during the coarse of the day is starting to look like potential top within 48 hours.
IF this is to be the case then this top will hold for quiet a while as Mars is soon going retrograde...
I'm inclined to wait for a pull back if it comes if not the long after the close as there are some positives aspects which will propel the market higher.
Its a mixed bag at the moment folks so use caution.
Cheers
There is a number of issues I have with this move .
There is no follow through from the FTSE...
The currencies aren't responding as they should, bonds are only down a little and yet we are make highs here.
Oil is up a $1 while the metals are running .
The dollar is off a little nothing to be confident about..
This move unless things change during the coarse of the day is starting to look like potential top within 48 hours.
IF this is to be the case then this top will hold for quiet a while as Mars is soon going retrograde...
I'm inclined to wait for a pull back if it comes if not the long after the close as there are some positives aspects which will propel the market higher.
Its a mixed bag at the moment folks so use caution.
Cheers
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