Monday 23 March 2015

Pre-Market Brief

Good morning. Futures are fractionally lower, sp -1pt, we're set to open at 2107. Metals are a touch weak, Gold -$1. Energy prices remain broadly weak, Nat' gas -2.3%, whilst Oil is -1.0%.


spdaily5


Summary

So... a relatively quiet start to the week... .but underlying trend remains strongly to the upside. First upside target are the sp'2120/30s.. where we will likely get stuck.

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Update from Oscar


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Hunter with yet another dollar doomer



As ever.. make of that... what you will. Personally, I think the dollar doomers are almost as in denial as the Gold bugs. Indeed, many of the latter are still on the 'all paper currencies will implode at once' train... which is simply ludicrous.
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Good wishes for the week ahead