Saturday, 10 October 2015

A week for the bull maniacs

Without question, it was a week for the equity and commodity bull maniacs, with very powerful gains all over the place. The sp'500 settled +63pts (3.3%) @ 2014 (intra week high 2020), whilst WTIC Oil +$3.97 (8.7%) @ $49.63 (intra high 50.92).


WTIC oil, weekly2


Very notable outright bullish green candles on the sp'500 and WTIC Oil weekly 'rainbow' charts. The near term outlook is bullish for equities and Oil.

Update from Riley

.. and that will suffice for this week..

Goodnight from London

*the weekend post will be on the US monthly indexes