Keep a very close eye on the buy Vs sell depth, particularly the top 3-4 lines both sides. Yesterday the overall depth was around 8 to 1 in favour of the sellers, currently the total splits band is narrowing, 49 buyers for 180,361 units 69 sellers for 430,511 units. We all know that the m/depths are heavily baited especially in DOM, but it's encouraging to see more buyers appear. The stronger gold price and general market sentiment o'nite in USA and Europe another plus....something for the short boys to think long and hard about when the clock strikes 10am.
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Keep a very close eye on the buy Vs sell depth, particularly the...
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