Friday 23 January 2015

Closing Brief

US equities settled moderately mixed, sp -11pts @ 2051 (intra high 2062). The two leaders - Trans/R2K, settled lower by -0.1% and -1.8% respectively. Near term outlook is bullish, with a straight up run into sp'2100s.


sp'60min


Summary

... and another week comes to a close.

A rather important week.. with the ECB deciding it now needs to resort to buying Govt' bonds with money it prints from nowhere. No doubt.. that will end well for all those in the EU.

Despite the weakness into the close, all indexes saw net weekly gains... and there looks to be further upside across next week.

Have a good weekend
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*the usual bits and pieces across the evening... to wrap up the day.