Good morning. Futures are slightly higher, sp +4pts, we're set to open at 1924. Metals and Oil are broadly flat. The equity market looks set to break the short term down trend, and push into the 1935/45 zone.
It won't take much to break the down trend this morning.
A break >1925 will open up the 1940s for late today/early Friday. That should at least lead to the low 1960s next week.
Whether the market can break new highs.. that remains the bigger issue.
8.31am sp +9pts.... 1928....
*I will be back around 11am