The Jobless Claims then came in at a five year low

S&P 500 (Mar 13) INTRADAY Review We had a long bias yesterday but in hindsight our long entry at the bottom of the recent range at 1460 turned out to be way too conservative. The S&P was sat just under Wednesday’s high at 1469 when the Dax took a spike higher and this lead to a correlated higher ahead of the US data. The Jobless Claims then came in at a five year low and the Housing starts numbers at a near five year high in a great set of data which lead the S&P to smash through

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The Jobless Claims then came in at a five year low

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