Our market has opened down about 1% this morning. Yesterdays' relief rally seems to have sucked in the bulls and will squeeze them today.Our GDP figures are released today, and the consensus is that a slowdown is expected.
News out of the USA today is their existing home sales numbers to be released at 16:00. A weaker number is expected and we could see the downtrend on the North American markets to continue.
Safe trading
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