Tuesday, April 8, 2014

Stop The Drop - Bounce Time

No blogpost yesterday due to circumstances. And I'll keep it short today as well.

Indices stopped the pullback and bounced today (after making new lows early on in the session).

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro managed to crawl back to 1.38 and oil actually rallied big; +2% and over $102.
Metals also performed well with gold being the biggest winner, almost +1%.

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