Monday 13 May 2013

Closing Brief

The main indexes closed somewhat mixed.. Weakest was the transports, -0.5% or so, with the R2K -0.15%. SP and Nas' effectively flat. Tuesday might see weakness in the morning, but there is strong rising support @ sp'1625. Sub'1600s do not look viable any time soon.


sp'60min



Summary

A quiet day indeed, on one of those rare no-pomo days.

There really isn't anything to add, aside that the bulls got another daily close in the sp'1630s.

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