Not much to say today........other than Gold getting hit pretty good, closing down 28 at 1359, and Oil rallying from a very weak open to close up .14 at 91.54, there was not really much going on. Oh, except the equities market were up, with the Dow and the SPX closing near the best levels of the day, with the Dow at +55 at 11787 and the SPX up 9.45 at 1293.2.
The action over the week end will likely be in the Dollar, now trading at an important level. Typical Monday action should see the market higher, after all, last year 90% of the gains in the market occurred on Mondays.
Yawn......Just watching for our Proprietary Momentum Change indicators to flash their Sell signal so we can take some profits and put on the short positions that I am anxious to play.
Best To Your Trading and Have a Great Week End!
Bill
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