09:50am  ~  Another lie-in for me this morning after a very late night. We are off to Brighton for a long-weekend away so I’ve got a few errands and jobs around the house to do this morning before leaving soon after lunchtime.  I may have time to look at some charts, not sure at the moment.

The U.S. equity staged a partial sell-off yesterday partly due to their banking sector led by Citigroup and Goldman Sachs disappointing investors by announcing numbers that fell short of estimates. The Dow Jones 30 lost 71 points down to 16396 and my favourite instrument, the S&P500 also had a negative overall and did not even reach the established resistance level at 1852. Gold bounced off a support level of mine yesterday due to investors leaving equity markets and looking for safer havens for their money, although the price did not rise as much as many city traders thought it might and ended up forming a spinning top candlestick pattern on the daily chart..

There is new, updated “Trade With A Day Job” system manual due out on Sunday, if you would like more details please email me directly. There are going to be some new strategies available as part of the package.