Wednesday, 23 September 2015

10am update - opening minor weakness

US equities are a little weak, but so far... no sign the bears are going to be able to muster any sig' downside power today. Daily MACD cycles are suggestive the first opportunity of an attempt to break under the key 1900 threshold will be Thursday.. but more viable.. Friday.




*hourly 10MA will be offering key resistance in the ongoing down cycle from sp'2020

So.. we're a little lower, but frankly, I ain't the least bit pleased.. not after overnight futures reversed.

I am not hopeful of today.... have largely written it off already.

For those looking around though.. there are a lot of opening black-fail candles..even for Gold and Oil.

time for an early lunch... if only to take my mind off this nonsense