Monday 23 June 2014

Closing Brief

US equities closed moderately mixed, sp'500 u/c @ 1962. The two leaders - Trans/R2K, settled lower by -0.5% and -0.3% respectively. Near term outlook is bullish into late Tuesday, but Mr Market will have an excuse to sell lower on Wednesday, if the GDP data comes in as lousy as some expect.


sp'60min


Summary

*another pair of games are kicking off..... and I'm going with Cameroon vs Brazil
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Suffice to say...market is in churn mode.

A fair chance of a brief foray into the 1970s..before a minor multi-day down cycle, but really, I don't think its tradeable.
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a daily wrap will be posted at 8pm EST

(updates are indeed lighter whilst the football continues!).
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