Tuesday 11 March 2014

Pre-Market Brief

Good morning. Futures are a touch lower, sp -2pts, we're set to open around 1875. Metals are showing some strength, Gold +$9, with Silver +1.5%. Equity bulls look set to break new highs this week, possibly into the sp'1890s, as supported by the bigger daily, weekly, and monthly cycles.


sp'weekly8


Summary

*however you want to count this nonsense, the trend remains outright bullish, and I'd guess we break new highs this week.
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I'm not expecting much of today. There is no sig' QE for the bulls, although the hourly index cycle is due to start pushing higher.


Video update from Oscar


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10.38am...urghhh..are we open? lol   I can't deal with this clock change. back at 11am.