A little up, a little down. The holding patterns remains in place. The US employment data will be released tomorrow so there should be some action one way or other but remember that volumes are extremely low. The significant question is whether that action can be sustainable enough to break us out of this range. If not we could be stuck here for some time. There are two interesting technical signs that stand out to me. Firstly, we’re slowly being drawn into long trades and by the same token we’re seeing short setups fail. This may be telling us something. The next is that the Dow Jones Transports is starting to give us a lead, albeit early days. We;ll take a look at that in more depth tonight.
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Suite 1/ 21 Sleepy hollow Drive
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