Monday 9 December 2013

3pm update - gains into the close

The smaller 5/15 min' index cycles look somewhat primed for further gains into the close, although a break >sp'1814 will be somewhat tough. Yet..there seems no power on the downside, so..equity bulls should be fine across this week. Weekly/monthly charts both offer the sp'1840s in the immediate term.


sp'60min


Summary

Baring a random news story spooking the market, we're surely going to melt higher into the close..and broadly..across the rest of the week.
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TWTR just keeps on gaining...


Momo stock nonsense!