Monday 25 August 2014

11am update - a market Odyssey

US equities break into the sp'2000s for the first time.. with viable upside to 2010/15 by early Wednesday - as supported by ALL cycles, not least the giant monthly cycle. With the USD on the rise, metals are naturally weak, Gold -$3. Oil is similarly weak, -0.5%.


sp'monthly3e - 'bare bones'.


Summary

Little to add.

I realise many out there are seeking some form of minor wave lower, but there is very little reason why we'll see even that for at least a few more days.

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This seems...somewhat appropriate...


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Bare bones...indeed.