Pre-Market Brief

Good morning. Futures are a touch lower, sp -1pt, we're set to open around 1889. Metals are weak, Gold -$7, with Silver -0.7%. Having rallied from 1842 to 93, a minor retrace - back to the 1875/65 zone, remains a valid possibility, before the 1900s.


sp'60min

Summary

With new historic highs in the sp' and Transports, any hope of <1840 should have been thrown out Tue/Wednesday.

Yes, a minor retracement is possible, but that is all it will surely be.

For those wanting to jump aboard the long train, the train might briefly stop later today/early tomorrow.


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Naturally, Mr Permabull..is bullish



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Good wishes for Thursday trading.