markets

-oil has hit 110 usd ! so it has been absolutely on track.

- gold is at 1465$ and seems on way for the before mentioned tgt of 1540usd mentioned some time back.i feel its going to give a berserk move very soon

- spx is almost at top of its range.

- indian markets have also started their period of base formation and almost the low is in.

the low was in actually the market had a turnover of over 3.0 lac crore.

however a larger consolidation phase is continuing and will continue to frustrate.