Monday 6 October 2014

Pre-Market Brief

Good morning. Futures are moderately higher, sp +7pts, we're set to open at 1974. Metals are trying to bounce after new overnight lows, Gold +$5. Oil is moderately higher, 0.4%, whilst Nas' Gas is -2.8%.


sp'daily5


Summary

Suffice to say, any daily close in the sp'1970s should be enough to clarify that the bulls are going to continue pushing higher..
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The last real aspects of resistance are around 1975.. after that.. its empty air back to the historic high of 2019.

Have a good week