sarala
As i said yesterday, oil would come off and it did thank god,down about $4 which is great for the market.But in order for my pivotal turning point to take place i needed all these 3 factors to work for me:
Oil down
$US to rally
And financials to participate in moving up.
Only one of these was acheived last nite and that was oil falling,so i still have the next session as having a low put in place and the start of a move up.
To be honest i think if the financials had behaved last nite we would of got a descent size move up in the market.especially with oil down.continue to monitor tonite as i think were close to the rally.
gunn
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