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    US stocks to open little changed

    US stock market are set to open marginally higher than last nights closing level at 14:30 with the US500 trading in a fairly clearly defined range ahead of tomorrow’s EU referendum. This price action is fairly typical ahead of a large event risk with yesterday’s US session seeing the market trade 2079 on both the opening and closing bell.

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     There was some early selling down to the low of 2073 before the bulls stepped in and pushed price back to its swing highs of 2085. So far today the market has respected this range and moved gradually higher. 

     

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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