Friday 29 August 2014

11am update - micro chop

Equities are back to flat, and look set for micro chop across the rest of the day. With the Chicago PMI coming in at a very strong 64.3, and consumer sentiment at 82, there is little for the econ-bears to tout.


sp'60min


Summary

Little to add... micro chop...

Sp'2020s look very likely next week, if the ECB can placate the QE needy markets.

--

Notable strength: TSLA +2%