Pre-Market Brief

Good morning. Futures are a touch lower, sp -3pts, we're set to open at 2060. Metals are lower, Gold -$6, whilst Oil is -.0.7%. Equity bulls should be content with any weekly close above the 50dma of sp'2046.


sp'daily5

Summary

It has been just a 4 day week, but it has felt like six.

I realise some are looking for a test of the 50dma in the sp'2040s.. but frankly, we might not even do that. As things are... a weekly close in the 2070s is possible. In either case.. we look headed for the 2100s, which will merely make for yet another higher high.
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Yet another update from Mr C.



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Have a good Friday!