Friday, 27 June 2014

Closing Brief

US indexes closed moderately higher, sp +3pts @ 1960. The two leaders - Trans/R2K, settled higher by 0.3% and 0.7% respectively. Near term outlook still offers a minor wave lower to 1940, before new historic highs in July.



I'm somewhat dismissive of my own vain attempt at counting this nonsense......regardless.. the broader trend remains UP.

A pretty tiresome week. Equity bears still lack any sig' downside power, whilst the bulls are still able to grind broadly higher.

Thanks to all those who said hello this week :)

Have a good weekend everyone.

*The usual bits and pieces across the evening.. to wrap up the trading day.

**the weekend update will be on the US weekly indexes