Pre-Market Brief

Good morning. Futures are a touch lower, sp -1pt, we're set to open at 1696. Precious metals and Oil are both higher by around 0.3%. Equity bulls need to hold the low 1680s in the coming days, which considering the bigger trend, still seems very likely.


sp'60min

Summary

Yet again, the market looks set to open somewhat weak. Certainly, the bulls are not getting any major gap higher (the last one of those was 8 trading days ago).

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*I remain long, seeking much higher levels in October.

Notable early mover - FB, already +1.3%, in the $49s, a daily close in the 50s will be viable if the sp' can at least hold the 1690s.
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Video update from Mr C, for the Gold bugs out there...



Have a good day!
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8.46am... indexes starting to turn positive, sp +2pt....  with Gold now red.. -$5