Thursday, 30 May 2013

Pre-Market Brief

Good morning. Futures are battling a little higher, sp +6pts, we're set to open around 1654. Bears need to keep any morning rally under 1660. There is an array of econ-data this morning, so Mr Market has a lot to deal with. Metals are showing a little strength, with Gold +$3

sp'60min''2 - H/S formation idea



A long day ahead, lets see if the bears can keep this contained, with a break <1640 later this afternoon.

*I am short the indexes, seeking an exit in the sp'1630/25 zone.