Tuesday 29 July 2014

1pm update - continued chop

US equities rebound from the little wave lower, and indeed.. it is just a day of minor waves.. ahead of an important Wednesday. Metals remain weak, Gold -$7, whilst Oil is now a significant -1.1% lower.


sp'60min


Summary

So... a wave lower... a wave higher.... but its all minor chop.
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Little else to note right now.

*I would 'prefer' a close for the R2K in the 1150s.. but considering the broader chop, that looks to be just out of range.

back at 2pm