Saturday 13 September 2014

A week for the bears

After five consecutive net weekly gains for the sp'500, the equity bears managed to finally claw a week in their favour, with the sp' -22pts (1.1%) @ 1985. There looks to be moderate downside to 1973/70, before the broader upward trend resumes.


sp'weekly8


Summary

...it has been a pretty long..and slow week.... and that will suffice for today :)

Goodnight from London
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*the weekend update will be on the US weekly indexes