Tuesday 11 September 2012

11am update - market battling higher

Everything is on track still, a move into the low 1440s seems very likely.


sp'60min



Summary

The good bears should be patiently waiting for the 1440s, which could indeed be hit later today.

From a MACD cycle point of view, we are certainly due to keep rising all the way into the close, with a possible minor gap higher tomorrow morning.