sp'60min
Summary
*awaiting this mornings quartet of econ-data...
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Retail sales +0.6%.. in line.. so that is one for the bulls.
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As for today, yesterday's daily candle is suggestive of at least some upside this morning. I'd be surprised if we go much above 2005 though. The low sp'1970s still seem a viable target.. but clearly..that is not on the menu today.
Update from Mr C.
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Good wishes for Friday :)
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8.57am.. sp -2pts.. 1995.
Notable weakness: oil/gas drillers, RIG -0.9%. SDRL -2.8% (see yesterdays fair value post)
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9.41am.. minor weakness... bears need 1988 to break the series of higher lows....
VIX +4.6%... but still... only the 13s.