Tuesday, 3 July 2012

Daily Index Cycle update - Monday chop

Most of the main indexes all closed above their FOMC peaks - equivalant to sp'1363.

sp, daily5, 4mth



The sp'500 close of 1365 was certainly something many bulls will be pleased with. That does open up 1370/80 for Tuesday/Thursday.

A little more later.

*remember, the US market closes early Tuesday 1pm, and is shut entirely on Wednesday!