Friday, 27 June 2014

Pre-Market Brief

Good morning. Futures are moderately lower, sp -4pts, we're set to open at 1953. Metals are fractionally weak, Gold -$1. Mr Market looks set for another minor down wave today, there is viable downside to 1940/35.



Far more important than the market of course...the world cup...but there are no matches today, the first day in what seems like many weeks :(

The next games are tomorrow, see Schedule @ BBC.

Video update from the Permabull


Good wishes for Friday trading.

9.03am.. looks like we'll be in the 1940s early this morning....a lower low would make sense...regardless of how you might want to count this nonsense.

Market should be able to hold 1940/35 zone..before new highs in July.

9.42am.. looking at the daily index charts, I still think 1940/35 is viable... it'd make for a far better low..and then up.