Monday, 26 October 2015

Closing Brief

US equities closed moderately mixed, sp -4pts @ 2071 (intra low 2066). The two leaders - Trans/R2K, settled -0.2% and -0.6% respectively. Near term outlook offers the 2080/90s before a probable retrace. Post FOMC/GDP downside target is the sp'2000 threshold.



*closing hour... nano scale micro action....

A quiet start to the week.

However, there is more opportunity for some price action.. with further earnings.. and some rather significant econ-data (Q3 GDP.. Thursday)

more later.. on the VIX