Friday, 29 November 2013

Daily Index Cycle update

Another day of new highs for many of the indexes, although there was a touch of weakness in the closing hour, with the sp' settling -1pt at 1805. Next week offers further upside, into the 1820/ doubt helped by a very heavy amount of QE-pomo.




There is little to add, near, mid, long term trends are all upward.

With heavy QE next week..equity bears haven't a hope.

Closing update from Riley

a little more later...