2pm update - old leader is battling higher

Whilst the headline indexes have moderate gains of around 0.2%, the old leader - Transports, is sporting borderline significant gains 0.9% to conclude the week. On the bigger weekly charts, Trans is offering the fourth consecutive weekly floor spike..which bodes for higher levels in March.


Trans, daily

Trans, weekly

Summary

Not much to add..on what is a very typical minor-chop opex.
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Notable mover: BKS, +7% on takeover news.
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2.34pm.. minor down wave...sp'1837.... could be setting up an INV H/S around 1836/34.

Regardless, this is nothing for of the bears to get excited about.