Friday 12 December 2014

Closing Brief

The week ended with some rather significant declines, sp -33pts @ 2002. The two leaders - Trans/R2K, settled lower by -1.0% and -1.2% respectively. Outlook is that market is about to form a key floor around sp'2000.. and then up to the 2100s... and beyond.


sp'60min


Summary

Well, my closing hour targets were met.. not least with Dow -300pts and VIX 22s, which was especially pleasing to see.

Mr Market has given the bull maniacs a good scare into the weekend ;)
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Have a good weekend everyone.
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*A full set of closing updates to wrap up the week!