IIFT Daily Note with Peter Brown

Fairly quiet

Posted by:  |  Time: 6:54 am  |  Topic:
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Mraket was quiet yesterday. However we got our move lower in the S&P, although it took some time.

Euro very slow and stuck between 1.3220  1.3280.

Gold was the mover, broke through it’s upper resistance at 1765 and is 1774 as we write. If we can conso;lidate here expect a move towards 1800. A break back below 1765 is bearish. Talk of major option expiries today.

Another day for small points.

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