Saturday, 6 February 2016

Net weekly declines

It was a very mixed week for US equity indexes, with the sp' breaking a new cycle high of 1947 on Monday, but then seeing rather significant weakness into the weekly close. Across the week, the sp'500 settled net lower by -60pts (3.1%) at 1880. Near term outlook remains bullish to the 1960/80 zone.



Its been a pretty interesting week in market land.... and I'll leave it at that.

Goodnight from London

*the weekend post will be on the US monthly indexes