Closing Brief

It was another day of moderate swings for US equities (sp' range 2012/38), settling +9pts @ 2032. The two leaders - Trans/R2K, settled +0.5% and -0.3% respectively. Near term outlook is entirely dependent on whether the ECB will spool up the printers enough to 'inspire' confidence.


sp'60min

Summary

... and a rather quiet Wednesday comes to a close.
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So... its now a case of whether Draghi disappoints... or inspires.

Either we jump >sp'2035 tomorrow... breaking trend-resistance... or it'll unravel... at least down to the 1960s where the 200dma is lurking.

Best guess... .we go UP.
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the usual bits and pieces across the evening... to wrap up the day