Tuesday 10 February 2015

Daily Wrap

US equities closed weak, sp -8pts @ 2046. The two leaders - Trans/R2K, settled lower by -1.0% and -0.8% respectively. Market looks highly vulnerable to slipping to the sp'2020s in the immediate term.


sp'daily5


sp'weekly7


Summary

*despite a net daily decline, the weekly chart offers a new green candle, a fair reminder of underlying price pressure
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Closing update from Riley




Economic/market chatter - Mr Long... and Mr Smith



Highly recommended for those with an interest in the bigger picture.
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Looking ahead

The only notable data is wholesale trade, and frankly, I don't think many will care. Mr Market will be far more concerned about Greece.

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Goodnight from London