Monday, 17 August 2015

Closing Brief

US equities closed moderately higher, sp +10pts @ 2102. The two leaders - Trans/R2K, settled higher by 0.7% and 1.1% respectively. With the break above declining resistance, near term outlook is moderately bullish into this Friday's OPEX.



Nothing to add... on what was - from a technical perspective, a far more bullish day than last Monday.

a daily wrap at 8pm.