Friday 11 September 2015

11am update - rising trend continues to hold

US equities remain a little weak, but just like yesterday, look set to turn positive, and settle net higher into the weekly close. Broadly, upside into the sp'2000s remains on track.. whether before.. or just after the FOMC announcement (regardless of rate decision).


sp'60min


Summary

A somewhat appropriate sombre morning in the US market.. but it does look like we'll see the indexes turn green within the next few hours.

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notable strength, DIS.. set for the $104s.. whether late today.. or Monday

60min


If I can get $103.75 or higher by late afternoon, I'll likely drop DIS into the close.
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re: Oil, yours truly is 'moderately' rattled in USO, but price structure remains a bull flag... and I'll hold into next week.

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back at 12pm...