Pre-Market Brief

Good morning. Futures are a touch higher, sp +3pts, we're set to open at 1870. Precious metals are similarly higher, Gold +$2. Today, Yellen will talk to the US congress, and that will likely be a significant market moving event.


sp'60min

Summary

Well, we have an interesting morning ahead. It is of course very difficult to fathom how Mr Market will react, even if I knew exactly what she was going to say.

Hourly index charts have already seen a moderate down cycle, and there is ample opportunity for an equity rally across today...and tomorrow.
--

Hunter with Mr Gold



Yeah, this interview is almost an hour long, maybe watch on fast forward?
--

Mr Carboni....



So, Oscar is on the short train...is he starting to fall in love with the downside?
--

Good wishes for Wednesday trading.