Open Market Commentary: Sideways Trading As Averages Stay Just Above Unchanged Line, Session Headed For Slow Speed Trading

(Before It's News)

Written by Gary

Opening Market Commentary For 05 Mar, 2015

Markets opened up, flat as expected and sea-sawed with a very small trend upwards that eventually failed and began to slip. All of this (?) action was with a very narrow range and falling volume. Indicators are fractionally bullish for now but expected to turn bearish either today or late as Monday.

By 12:45 the markets were still trading sideways in what might become quieter than usual as some traders head out early for the weekend like I am going to do.

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