Thursday 24 July 2014

12pm update - pushing higher

US equities are inexorably pushing higher, after the latest brief little tease to the bears. A daily close in the sp'1990s seems probable, with the 2000s next week. Metals continue to slide, Gold -$15.


sp'weekly8


Summary

Little to add. Price action remains the same... micro down waves...within a broader up trend.

In theory...if 2100s... we should see general upside to 2050/75 by September.. and then the next minor multi-week drop.

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time for lunch