Yesterday’s crude strategy was spot on

S&P 500 (Mar 13) INTRADAY Review Our strategy yesterday was to play the range from the long side as we expected the sentiment to remain positive as a result of the meaningful progress made on the Fiscal Cliff negotiations. Our entry level was at the bottom of the morning’s range at 1430.25, however this was breached ahead of the US cash open and the index drifted down towards our stop level at 1425.25. This level provided perfect support and so our stop was not triggered as it was just

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Yesterday’s crude strategy was spot on

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