29 August 2014

SP 500 and NDX Futures Daily Charts - Hubris R' Us


The SP 500 futures managed to close at exactly 2000.00.  Cute.

There was a remarkable amount of complacency in the US trade today as the summer help took the markets into a three day weekend with plenty simmering on the geopolitical stove.
 

As you know, today was the end of the month. Next week the pros come back from vacation and we may see a different tone to the daily trade.

Have a pleasant weekend.