Monday, 14 September 2015

1pm update - remaining weak

US equities remain moderately weak, as the market is seeing some mild concern ahead of the Thursday FOMC decision. The equity bull maniacs really need to hold rising trend.. currently @ sp'1935... but at the Thursday open will be 1950. Oil remains notably weak, -2.3% in the $44s.



Little to add.

I realise to some out there, the notion of sp'2000s later this week is crazy talk, but really, it is well within range.

Market IS coiling.. the only issue is which way will it break?

Best guess.. UP.. in the short term.

Eyes still on DIS


The $102s would be tempting.. for the moment..  I see ZERO hurry to chase.