sp'60min
sp'daily5
Summary
Considering the daily cycles - see last evenings update, I just don't see this market going below key support of sp'1397.
Draghi will be speaking tomorrow, and that could easily lead to a gap up of 1-2%. Bears beware!
Best guess remains...we do indeed go higher into next week. Whether we can break a new high, thats the key issue. The monthly trend would say..yes...the weekly cycle - rolling lower...'no'.
Until we get some clarity, I sitting it out.
Back at 12pm