sp'60min
Summary
*closing hour.. a fair bit of moderate chop... but managing a broadly flat close.
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... and one of the wildest trading weeks EVER... comes to a close.
Congrats to all who survived it!
It does look like we'll fall to 1945/30 next week.. before pushing above the big 2000 threshold in early September.
Broader outlook... sp'2050/70.... then downside (at least) to the Oct'2014 low of 1820. The 1725/00 zone looks possible in Oct, which would make for a natural 38% fib' retrace of the gains from Oct'2011.
*thanks for all the messages/emails this week, it has meant I've not slept as much.. but I think that is what weekends are for.
Have a good weekend
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*the usual bits and pieces across the evening to wrap up the week