Thursday, 24 December 2015

10am update - natural nano chop

US equities open naturally very subdued, a daily close in the sp'2060/65 zone looks probable. The window is open to next resistance of 2075/80, which will not likely hold. Metals are seeing a moderate bounce, Gold +$6. Oil is +0.5% in the $37s... headed for the $40 threshold.




*note the hourly upper bollinger, certainly offers immediate upside to the 2075/80 zone.

Clearly, we're set for nano scale price churn for the next few hours.

As things stand, all US equity indexes are set for very sig' net weekly gains.

*the 'santa rally', will officially start next Monday, and arguably lasts for the first few days of January.

time for some sun......... back soon