Wednesday, 19 November 2014

Pre-Market Brief

Good morning. Futures are moderately lower, sp -4pts, we're set to open at 2047. Metals are a little higher, Gold +$2. Energy prices are bouncing, Nat' gas +3.8%, whilst Oil +1.0%. Equity bears need an initial break of the daily 10MA of sp'2037.


sp'daily5


Summary

*key issue today... the FOMC minutes @ 2pm.
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In any case... equity bears should be desperate for a break back under the daily 10MA... currently sp'2037.
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Early mover, TSLA -3.1%... I've no idea why though.
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Doomer chat... Hunter with the (usually moody) Celente



As ever, make of that... what you will.
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Have a good Wednesday