Chris Weston

50 DAY = 1295, 200 = 1298. Since 2000 we've seen 7 golden crosses, with 5 being profitable events, 2 negative...if you had bought on this development you would have done nicely, but that was because of the strong trend up to 2011. Since 2012 there have been two crosses and both have been poor indicators. Its all about the trend and with both MA's trading moderately higher, a cross is bullish, but it no way nearly as bullish as we have seen over the years

Chris Weston

Too early to unwind political hedges yet...Russia still the main game and talk from Romania now of a push into Moldova...The start of a new empire?? 63% of Russian still feel they are a superpower..(although i'm sure that number would be higher in the US)

Chris Weston

Bearish daily reversal at the trend highs a concern- with price making a higher high and closing below Fridays low

Jordan Eliseo

No arguments from me Chris - i think we will test USD $1350 from here first - was always going to be some Crimea 'premium' come out of the market after the referendum there. Cheers