Closing Brief

It was a week of very minor price chop, with the sp' settling +4pts @ 1842. The two leaders - Trans/R2K, settled +1.2% and +0.5% respectively. Market looks set to hit the 1860/80 zone by end month, to be followed with a moderate 3% drop into mid Feb.


sp'60min

Summary

A little closing hour micro-ramp...no doubt, greatly annoying those few traders who are still valiantly trying to short the indexes.

If you can....have a good weekend.
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the usual bits and pieces across the evening, to wrap up the week.

*the weekend post - late Saturday, will be on the US monthly indexes