'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Friday, March 28, 2014

Friday's Market

Though today's market, Friday, supposed to be a profit taking day, but the ES made a surprise move, it surge vertically in the open that caught some participants off guard and were left out, or what they call a short 'squeeze'?

The Gold continues its downward projection that there is no sign of relief, I guess its 'melting' will last to the last ounce, not a good sign.

As for the Crude, it is surging slowly, lots of motorist are still filling their old SUV with premium gasoline, Elon Musk should lower the cost of his Tesla cars to prevent the surging cost of the Crude I guess.