IIFT Daily Note with Peter Brown

In a Range?

Posted by:  |  Time: 7:57 am  |  Topic:
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Looks like silver and oil have settled down and are consolidating in wide ranges. Likewise for equity indicies.

Euro has a great ability to ignore the debt situation. Small sell offs in the morning and then recovers in the afternoon.

Maybe a pattern. We need some big news to shake the market from these ranges. In the meantime the market is trading well on technicals, especially the S&P on pivots.

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