Thursday 11 June 2015

3pm update - moderate net daily gains

US equity indexes are set to close moderately higher, with the sp +6pts @ 2111. The Transports is showing some sig' strength, +1.0%. USD remains in bounce mode, +0.4% @ DXY 94.90s. Metals have recovered from the morning declines, Gold -$4, with Silver +0.3%


sp'60min



Trans, daily



Summary

Little to add.. on what was a pretty quiet day.

Equity bulls look set for net weekly gains.. as the bears look to be completely absent until after next Wednesday's FOMC.

notable weakness, coal miners, BTU -12.3%... in the lowly $2.80s.
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back at the close.