Friday, 16 January 2015

Pre-Market Brief

Good morning. Futures are moderately lower, sp -8pts, we're set to open at a new cycle low of 1984. Metals continue to climb, Gold +$4. Oil is again trying to bounce, +1.6%.


sp'60min


Summary

*awaiting CPI data
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Overnight weakness has largely held, and we're set to continue lower today.

Primary target remains a hit of the 200dma... of sp'1965... that might equate to VIX 25/27.

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Update from Mr C.


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Have a good Friday