Margin rates are changin for metals and US stocks with IG...

Margin rates are changin for metals and US stocks with IG Markets.

The margin required will be higher by the 25March..

I imagine other brokers will do the same.

This alone could calm down the volatility at the moment.

Looks like we are for a small correction downside over the coming month.

I am little suprised as I thought we would have a dead cat bounce but I have been wrong before.

My GOLD trades stopped but I am now still alive with SHORT's currently in at around 50points higher than the current price.

I am expecting OIL to sail back down to around 88dollars as demand will step down a little and USD is looks set to range around 155-15250 mark.

Another rate cut in June expected for another 50points in the US.