08:10am  ~  Off out for an hour’s cycle ride in a minute and then back here in the study for the morning to do some emailing and also watch a few charts.  If the weather stays dry I have a tennis match after lunch.

You can see from looking at the S&P500 and Dow Jones charts that there was an initial rally on the open yesterday but again technologies shares did the damage, reversing the bullish trend with the DJ30 ending just 26 points up at 16,549. With the Fed Chairman Janet Yellen sending out mixed signals and mentioning on one hand the need to spur economic growth but on the other hand cutting the asset buying programme, traders are having a problem establishing a firm direction to head towards.  The S&P yet again hit a ceiling around 1891 yesterday, there does not seem enough good reasons to go above that level at the moment, perhaps once the problems in Ukraine settle down a new wave of optimism will engulf investors ?  Gold experienced a narrow trading range yesterday mainly due to Yellen’s measured (& balanced) speech but looking at the daily chart there still seems to be more downside available before the price reaches the established support around $1286

10:35am  ~  I have been back home for a short while and nothing’s come up yet on my charts.

11:15am  ~  Just got into the market with a ‘short’ position on my Brent Oil chart – the stop loss is 33 pips which will be my target as I’m off for lunch soon. It is another  UTB set-up from my “Any-Time” collection.

13:20pm  ~  I am off out for something to eat at Lord Nelson in a minute and my Brent trade is doing ok but not really advanced downwards enough at the moment, so I’ve tightened up the stop and set the target at 33 pips.

15:05pm  ~  Just got back home and I can see my earlier Brent Oil trade has been closed off at +33 pips. Off for the tennis match now.