Wednesday 14 October 2015

Pre-Market Brief

Good morning. US equity futures are a little higher, sp +2pts, we're set to open at sp'2005. USD continues to cool, -0.2% in the DXY 94.50s. Gold -$1, with Oil +0.1%.


sp'60min



sp'weekly1b


Summary

Not much to add.  There is clearly moderate threat of a brief foray to the sp'1990/80s, but really.. that is probably the best the bears can get in the immediate term.

Certainly, I don't expect any sustained action under the weekly 10MA... before we first test the 2040/60 zone.
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early movers..

INTC -2.2%, post earnings
JPM -1.4%, earnings

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Doomer chat, Hunter with Ackerman


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Have a good Wednesday