Thursday, 29 August 2013

Closing Brief

The main indexes closed moderately higher, with the sp +3pts @ 1638. The two market leaders - Trans/R2K, closed up 0.25% and 1.0% respectively. Near term trend remains moderately weak, with downside into the long holiday weekend.



Well, that was an acceptable close for the bears.

Importantly, bears saw the third daily close below the 100 MA.

the usual bits and pieces across the evening