Oh, sinnerman, where you gonna run to?
Sinnerman where you gonna run to?
Where you gonna run to?
All on that day
We got to run to the rock
Please hide me, I run to the rock
Please hide me, run to the rock
Please hide here
All on that day
But the rock cried out
I can't hide you, the rock cried out
I can't hide you, the rock cried out
I ain't gonna hide you there
All on that day
I said rock
What's the matter with you rock?
Don't you see I need you, rock?
Good Lord, Lord
All on that day
So I run to the river
It was bleedin', I run to the sea
It was bleedin', I run to the sea
It was bleedin', all on that day
So I run to the river
It was boilin', I run to the sea
It was boilin', I run to the sea
It was boilin', all on that day
Nina Simone, Sinnerman, 1965
–
A disappointing week especially after the strong close on Friday 09 March.
However, the market retained its support and for now remains in neutral.
I suspect that a lot of the action and downward pressure was due to the considerable weight of quarterly option expiration, closing and rolling over of hedges etc.
The T volume oscillator moves up, considerably, due to the high volume of buying on Friday and this would normally be associated with a significant move up in price. I am slightly suspicious of this, maybe the data is not correct.
Be prepared for whatever is coming next, and trade with confidence:
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