Wednesday, 27 August 2014

2pm update - holding minor gains

US equity indexes are holding very minor gains, on what is yet another very quiet trading day. The NYSE Comp' is +0.1% in the 11030s. There looks to be viable upside to the 11300s in September.. which would equate to sp'2050 or so.

NYSE Comp' weekly2


Little to add...

The 'master index' is comfortably holding the 11000s again.. another 3% higher really isn't expecting too much within 2-3 weeks.

time for a late lunch...

*I've eyes on SDRL of course, a daily close in the low $37s would be somewhat useful to clarify a reversal.