14th August - The S&P remains strong
18 August 2014
TECHNICALS:
Weekly chart
The S&P has continued the well-established bull trend - bouncing off both the rising diagonal supports and the horizontal support from the Prior High at 1891.
Daily chart S&P ETF
The day chart bears out in microcosm the strength of the Index.
Note well the bounce off the Prior High supports.
But note too the relative strength of the market against either the FTSE or the index of world markets.
The S&P is outperforming them all.
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14th Aug - Sugar #11 Still Slipping South