sp'60min
R2K, daily
Summary
*notable minor strength in the R2K, a weekly close in the low 1200s is viable.
--
Not much to add... on what will mainly be a day of consolidation and reflection after the ECB announcement.
Notable weakness, AA, -2.7%...
Friday, 23 January 2015
10am update - opening weak chop
US equities open with some weak chop... into the mid sp'2050s. There is strong support in the 2050/45 zone... a weekly close looks likely above that area. Metals are increasingly weak, Gold -$8. Oil remains weak, -1.2%. King Dollar remains strong, +0.7%, a mere 6% from the giant DXY 100 threshold.
sp'60min
R2K, daily
Summary
*notable minor strength in the R2K, a weekly close in the low 1200s is viable.
--
Not much to add... on what will mainly be a day of consolidation and reflection after the ECB announcement.
Notable weakness, AA, -2.7%...
sp'60min
R2K, daily
Summary
*notable minor strength in the R2K, a weekly close in the low 1200s is viable.
--
Not much to add... on what will mainly be a day of consolidation and reflection after the ECB announcement.
Notable weakness, AA, -2.7%...