Thursday, 25 April 2019

Bullish Thursday

US equity indexes closed a little mixed, sp -1pt at 2926. Dow -0.5%. Nasdaq comp' +0.2%. Near term outlook favours the bulls into the weekend and end month.




US equities opened in minor chop mode, and took a moderate swing lower. The SPX saw a floor of 2912, and that was all the bears could manage, with the market battling back upward into the afternoon.

It was a bullish Thursday as the Nasdaq comp' did break another new historic high. The other indexes can be expected to follow in the days and weeks ahead. Volatility saw a morning high of 14.30, before melting back, settling +0.8% at 13.25. The s/t cyclical outlook will favour the equity bulls into the weekend.

Luscious spring green

Bullish spring sunshine
Extra charts in AH (usually around 7pm EDT) @

Goodnight from London
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