sp'daily5
Trans
Summary
Little to add.
A bit of a choppy day... with the sp' seemingly stuck between the 2070s and 30s. Sustained action >2080 looks unlikely until the FOMC is out of way.
--
a little more later...
Friday 11 December 2015
Daily Index Cycle update
US equities closed moderately higher, sp +4pts at 2052 (intra low 2045).
The two leaders - Trans/R2K, settled higher by 0.6% and 0.3%
respectively. Near term outlook is for increasing price chop ahead of
the Dec'16th FOMC. From there, first target remains 2115/20, and then
the 2150s.. before year end.
sp'daily5
Trans
Summary
Little to add.
A bit of a choppy day... with the sp' seemingly stuck between the 2070s and 30s. Sustained action >2080 looks unlikely until the FOMC is out of way.
--
a little more later...
sp'daily5
Trans
Summary
Little to add.
A bit of a choppy day... with the sp' seemingly stuck between the 2070s and 30s. Sustained action >2080 looks unlikely until the FOMC is out of way.
--
a little more later...