Friday, 10 April 2015

Closing Brief

The market ended the week on a pretty positive note, sp +10pts @ 2102. The two leaders - Trans/R2K, settled higher by 0.7% and 0.4% respectively. Near term outlook is bullish... with viable upside to the 2150/75 zone by late May. This is simply... no market for the bears.


sp'60min


Summary

... and another week comes to a close.

The bears had plenty of opportunity this week.. but they simply had no sustainable downside power.. as also reflected in the VIX.

Have a good weekend
--

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