Saturday, 17 January 2015

A third week for the equity bears

Despite some significant Friday gains, it was a third consecutive week of downside for US equities, with the sp'500 -25pts (-1.2%) @ 2019. Near term outlook offers a chance of downside next Tue/Wed', before the ECB spool up the digital printing machine.



It has been a long week.... and I'll leave it at that.

Goodnight from London

*the weekend post will be on the US weekly indexes