Tuesday 5 June 2012

Closing Brief

Market held up into the close, but both the 15/60 minute micro-cycles are due to fall. It really makes little difference, we ARE due to put in one final move lower to around 1265/55 by late Wednesday/early Thursday.

...closing hourly cycles...

IWM



Dow



Sp



Summary

The Bernanke speaks Thursday 10am...until then, we could see all of tomorrow..and early Thursday slide lower.

...ohh, and congrats to FB holders, only -4% today.