Friday 6 March 2015

Closing Brief

US equities closed significantly lower, sp -29pts @ 2071 (intra low 2067). The two leaders - Trans/R2K, settled lower by -1.1% and - 1.4% respectively. Original downside target is about to hit, and it would seem highly unlikely that the market will see any sustained action <2050 in the near term.


sp'60min


Summary

... and another week comes to a close.

Without question... finally some decent downside price action, and it is waking up many who have fallen asleep across the last few weeks.

I've really battled hard to post every hour this week.. hope some of it has been at least helping to keep some of you awake!

Have a good weekend everyone  :)
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A full set of updates across the evening... to wrap up the week