I wish Goblin was still here. He would be able to put into colourful words my thoughts about the current market....because I have no idea. none. zilch. zippo. Last nights candle does nothing to convince me either way. Yes it was solid green but slightly engulfed by the red candle the night before...it also finds itself sandwiched between the 61.8% and 50% retrace lines. I see BHP was flat and RIO slightly down in the US so that adds to the indecision for us.
I wish last night was heavy down.....then at least I would have a clue.
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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