Tuesday 27 January 2015

Daily Index Cycle update

US equities saw a day of minor chop, sp +5pts @ 2057 (intra low 2040). The two leaders - Trans/R2K, settled higher by 0.6% and 1.0% respectively. Outlook remains broadly bullish, into the sp'2100s.


sp'daily5


R2K


Summary

Little to add, on what was a relatively quiet day.
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Notable gains in the R2K, which looks set for the 1215/20 zone by Thur/Friday.
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Closing update from Riley


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a little more later...