certainly a nice intra-day pop on the XJO, bounced 100pts off the lows, will be interesting to see if the market has the will to hold this level or will it sell off into the close again.
looking towards tonight, don't be surprised if the massive fall in the US futures earlier today, have resulted in the testing of the lower levels of this correction/capitulation or whatever it is(only in the short term because lower levels likely in medium term) and ultimate damage when the cash market opens up is not nearly as bad as we have seen in Asia this morning/afternoon, infact would not surprise if today is short term reversal day, would I considered overnight holds tonight, no way.
for me stuck to some of my favourite intra-day swings in both SWM,LYC.
