IIFT Daily Note with Peter Brown

Calming Down?

Posted by:  |  Time: 7:51 am  |  Topic:
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A pretty stable day yesterday only 100 point range on the S&P. We really need to settle down to get some meaningful technical levels to trade. Even today the levels are not great. Not a lot in the way of news so the market should be Calm.

Best levels are S&P (MAR) 1882  1870 Wall St (DFB) 16475  16375  DAX (DFB) 9330 9225 Euro 1.3900  1.3825  Gold 1330 1350

Look to fade any moves unless we get something new.

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