US equities caught a bounce into the Thanksgiving break, with the sp' seeing a morning high of 2670. There was afternoon cooling though, especially into the close.
Volatility was naturally in melt mode, but settling above the key 20 threshold. S/t outlook offers a weak equity open for the Friday half session, but the market should have opportunity to lean back upward into next week.
The DAX is currently -1.8% at 11224. The m/t trend is bearish. Soft psy' 10K, then 8k.
Currently net lower by -1.9% at 21507. Things turn decisively m/t bearish under the Oct' low of 20971.
|One month until the winter solstice|
|Yet another group successfully escape the UK|
Extra charts in AH (usually around 7pm EST) @ https://twitter.com/permabear_uk
To my US readers.... happy Thanksgiving!
Goodnight from London
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