S&P 500 (Mar 13) INTRADAY Review We favoured the downside yesterday with a short bias on the strategy and thi was valid as the market broke Monday’s low at 1450.75 and pushed down to test the key long term support at 1446 (Dec 2012 High) going into the European close. 1446 halted the downside and the market recovered nicely in the latter half of the US session. Jim ONeil’s comments garnered some press attention as he highlighted the surprising statistic that if the market is net positive
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The EURUSD was caught within a range yesterday morning
