Pre-Market Brief

Good morning. Futures have swung around, and are now a touch higher, sp +2pts, we're set to open around 1683. Metals are moderately higher, Gold +$6. Today will once be about the Bernanke, this time, sitting in front of the US Senate.


sp'60min3

Summary

Hourly index charts are still very much offering upside, we could easily be in the 1690s later today, especially if the market likes the early morning econ-data.

For the bulls, sp'1700s remain more a question of 'when'..not if.

For the bears....there is no hurry to get involved yet...I'm sure staying away from the current nonsense.
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*notable movers so far... Ebay, -6%


Good wishes for Thursday trading!