Closing Brief

The main indexes closed the week, moderately mixed, with the sp -0.7pts @ 1831. The two leaders - Trans/R2K, both settled higher by around 0.5% Regardless of any minor weakness early next week, there looks to be continued broad upside into mid/late January, to around sp'1860/80.


sp'60min

Summary

A short week...and that makes for two trading days complete of 2014!

However we open next Monday, the bigger weekly/monthly charts most certainly are still offering somewhat higher levels.

If my weekly'8 chart is correct, we'll see 2-4% higher...only to see 5-7% lower by mid Feb.
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Thanks to those who commented this week, it is good to hear from some of you out there! The usual bits and pieces across the evening.

Have a good weekend everyone!
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**The weekend post will be on the World monthly indexes.