Good Morning,
Yesterday, I said we wouldn't finish on our highs and that today would be a red day. We finished 20 points off our intraday high yesterday and so far, today looks like we have a pretty good chance of finishing red.
We seem to be rangebound, with buyers coming in strong at certain levels and sellers are now equally strong at certain levels.
No trade updates to speak of yet as the big moves happened before the markets opened.
There was a BUFFALO BOUNCE in the GBP/USD, but I decided not to take it as it seemed a little early with the huge move in equities. It worked, but not going to worry about it as I have a feeling we may see some more before the next few hours are up.
I will update them as they happen.
Have a grey, cloudy, mud season day. Good to see all of this moisture.
Locals Tip: Your an idiot if you have your sprinklers on.
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