Friday, 6 February 2015

Closing Brief

US equities saw some moderate weakness into the close on yet another 'spooky' Greek news report, sp -7pts @ 2055 (intra high 2072). The two leaders - Trans/R2K, settled lower by -0.4% and 0.3% respectively. Near term outlook is broadly bullish.



*a somewhat weak closing hour, but overall, the net weekly gains are VERY powerful, and do not favour the bears next week.

Regardless of the weak close, the bull maniacs did manage a clear break of key resistance of sp'2064... along with another daily close above the 50dma.

Been an interesting..  somewhat profitable, and certainly.. entertaining week...........

Have a good weekend!

*the usual bits and pieces across the evening.. to wrap up the week!