| Weekly Trend: | Down |
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| Daily Trend: | Down |
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| Daily Momentum: | ___ | Down |
Panic selling has hit world markets after a nuclear blast and radio active detection in Japan. The Nikkei is down over 10% at time of writing, following 6% losses yesterday. Shangai is currently down 1.4%. Dow Jones futures are currently down 278 points in night trading and the Nasdaq futures down 64 points. Europe futures are also down heavily. On our market today the XJO closed down 97.7 points or 2.1%. Needless to say the sectors are not pretty either. Energy, Gold, Information Technology and the Metals/Mining sectors took the brunt – all down 3% or more for the day.We have added three discretionary trades tonight for aggressive traders only as they are clearly against the trend.







Tue, Mar 15, 2011
ASX Commentary