Friday, 4 March 2016

12pm update - back above 2K

With the equity bears remaining powerless, equities have managed to build moderate gains, with the sp'500 back over the giant psy' level of 2K. The next level of resistance is the 200dma...currently in the 2020s, which is clearly viable next week.



Little to add.

Currently higher for the fourth consecutive day, but we're set for increasingly subdued chop into the week

notable strength, TSLA, daily

The $200 threshold has already been hit, next soft target is the 220/225 zone, which is clearly viable by mid March.

time for lunch :)