Monday 5 May 2014

2pm update - another spiky Monday

More than anything, the daily candles are perhaps even more bullish than last Monday's spike-floor low of sp'1850. Now we have a higher low of 1866, and the market is in a relatively strong position to break into the 1900s later this week - on 'Yellen' comments.


Sp'daily5


Summary

Little to add, on what is just another day of lunacy in the world's more twisted and rigged Casino.

Maybe Affleck should play here instead?
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Equity bulls should be content with any amount of net daily gains. A close at the high of day would merely be a bonus.

*notable gainer.. AAPL, looking set to break into the $600s late today..or at least 'some time' this week.