IIFT Daily Note with Peter Brown

Ranges working very well.

Posted by:  |  Time: 9:46 am  |  Topic:  |  Comments: 2
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Sorry for the delay this morning, a few technical issues.

Market is very quiet and very stable. Ranges are working well and despite employment and GDP from the US, I expect the same narrow but choppy trading this afternoon. Market will need something substantial to kick start some volatility. As yet nothinh on the horizon. So buy on dips and sell on rallies.

 

Levels are  S&P  1693  1685  Euro 1.3535  1.3460

 

2 Comments

tom

September 26, 2013

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Hi Peter
Are we always to presume you are referring to the S&P futures levels as opposed to the cash levels.? You never specify!

Thanks Tom

    Peter Brown

    September 26, 2013

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    Hi Tom,

    Always the future

    Peter