Thursday 27 February 2014

Closing Brief

US indexes closed moderately higher, with the sp' +9pts @ 1854, a new historic daily close. The two leaders - Trans/R2K, settled higher by 0.6% and 0.5% respectively. Near term outlook is for continued broad upside across most of March, to the 1880/1920 zone.


sp'60min


Summary

Finally, an important daily close in the sp'1850s, but hey...is anyone really surprised?

Just go look at any the monthly index charts.

Aside from that, there is little to add that I've not already noted a thousand times.

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the usual bits and pieces across the evening....