Dow -140.53 at 17898.84, Nasdaq -31.41 at 5051.10, S&P -14.75 at 2094.11
As I have suspected, the bulls did somehow run out of steams. Market opened with a strong bearishness and I believe that would be mostly profit-taking from the strong pullback. Eventually market flattened out after the first two hours. With the Greece's debt situation in sight across the weekend, it would be wiser to take profit ahead.I think the market is more or less done with the pullback. Economic data seems to be showing some improvement which could bring back the speculation of Fed's interest rate. We will be seeing PPI tomorrow and that might give the market some reason to continue profit taking.
Direction for Friday 12 June, 2015; Down
Market Summary
Industry Watch
Strong: Telecom Services, Utilities
Weak: Energy, Health Care, Technology, Industrials
Other Market Moving Factor:
- No progress between Greece and creditors: Reuters reports Eurozone officials have discussed a default scenario in a 'theoretical' way
- S&P 500 revisits 50-day moving average (2,103)
The Friday session started amid selling pressure in Europe and the U.S. as it became clear that another week will go by without a deal between Greece and its creditors. The continued uncertainty had markets in France and Germany down more than 2.0% apiece, but a well-timed rumor helped the indices slash a percentage point off their losses just in time for the close. Specifically, an unnamed Greek government official was quoted as saying a new counter-proposal has been sent to the lenders and the two sides are "closer than ever" to an agreement.
Despite the rumors, safe-haven demand boosted Germany's 10-yr bund, dropping its yield six basis points to 0.83%. Conversely, selling in Greek and Spanish debt securities caused their yields to spike. Greece's 10-yr yield surged 51 basis points to 11.56% while Spain's 10-yr yield jumped 12 basis points to 2.27%.
In addition to helping European equities trim their losses, the news helped the S&P 500 rally six points off its low, but the index returned to its worst level of the day during the afternoon, ending well below its 50-day moving average (2,103), which was violated at the open.
It is worth pointing out that today's trading volume was well below average with just 645 million shares changing hands at the NYSE floor, suggesting a fair share of participants chose to forego today's session altogether.
All ten sectors registered losses with energy (-1.2%) and health care (-1.1%) spending the day behind the remaining eight groups. The energy sector retreated alongside crude oil, which fell 1.3% to $59.93/bbl. For its part, the sector lost 0.9% for the week, while only two other groups registered weekly losses with technology and utilities surrendering 0.7% and 0.5%, respectively.
The technology sector underperformed for the second day in a row amid broad weakness. Large cap names like Apple (AAPL 127.17, -1.42), IBM (IBM 166.99, -1.79), Microsoft (MSFT 45.97, -0.47), and Qualcomm (QCOM 67.02, -0.57) lost between 0.9% and 1.1% while the high-beta PHLX Semiconductor Index fell 0.9% to end the week lower by 1.7%.
Generally speaking, today's session was devoid of corporate news, but Twitter (TWTR 35.90, +0.06) made headlines after Chief Executive Officer Dick Costolo announced he will step down from his post on July 1 with co-founder and Chairman Jack Dorsey taking Mr. Costolo's place in the interim. Shares of TWTR opened higher, but a daylong retreat resulted in a flat close for the stock.
Elsewhere, the financial sector (-0.4%) ended ahead of most other groups, locking in a 1.0% gain for the week with investors angling to take advantage of rising rates.
Speaking of rates, the 10-yr note rallied at the start, but reversed after the Greece-related rumor crossed in the late morning. The benchmark note registered a four-tick loss with its yield inching up a basis point to 2.39%. For the week, the benchmark yield slipped two basis points after testing the 2.49% level on Wednesday.
Economic data included PPI and Michigan Sentiment:
- Producer prices saw their largest one-month increase since April 2011, rising 0.5% in May after declining 0.4% in April while the Briefing.com consensus expected an increase of 0.4%
- Almost the entire increase in the PPI can be attributed to higher energy costs, and namely higher gasoline prices as total energy costs increased 5.9% in May after declining 2.9% in April
- Gasoline prices jumped 17.0% in May following a 4.7% decline in April
- Food prices increased 0.8% in May after declining 0.9% in April
- Excluding food and energy, core PPI increased 0.1% in May after decreasing 0.2% in April, which is what the consensus expected
- Almost the entire increase in the PPI can be attributed to higher energy costs, and namely higher gasoline prices as total energy costs increased 5.9% in May after declining 2.9% in April
- The University of Michigan Consumer Sentiment Index increased to 94.6 in the preliminary June reading from 90.7 in May while the Briefing.com consensus expected an increase to 91.5
- Nasdaq Composite +6.7% YTD
- Russell 2000 +5.0% YTD
- S&P 500 +1.8% YTD
- Dow Jones Industrial Average +0.5% YTD
The major averages began the trading week on a cautious note with the S&P 500 (-0.6%) settling beneath its 100-day moving average (2,085) for the first time since late March. The benchmark index retreated into the afternoon while the Nasdaq Composite (-0.9%) underperformed throughout the day. Broadly speaking, the Monday session was very quiet with no corporate news to account for the decline; however, the continued lack of progress between Greece and its creditors weighed on investor sentiment in Europe and the U.S.
The stock market ended the Tuesday session near its flat line with the S&P 500 registering a slight gain (+0.04%) while the Nasdaq Composite (-0.2%) settled in the red. Equity indices slumped at the start with investor sentiment pressured by the continued lack of progress between Greece and its creditors. The ongoing uncertainty weighed on European markets, but they were able to climb off their lows into the close. Meanwhile, U.S. stocks hit their lows not long before Europe closed for the day before returning to their flat lines. The ensuing rebound helped stocks turn positive during afternoon action, but the S&P 500 could not overtake its 100-day moving average (2,085), settling below that mark for the second consecutive day. Interestingly, this was the first time that the benchmark index registered back-to-back settlements below the 100-day average since late October.
After struggling with its 100-day moving average (2,086) on Tuesday, the S&P 500 wasted no time charging back above that mark on Wednesday. The benchmark index gained 1.2% while the Dow (+1.3%) and Nasdaq Composite (+1.3%) outperformed throughout the session. In addition to regaining its 100-day average, the S&P 500 climbed above the 50-day average (2,102) after Bloomberg reported Germany may be willing to offer a staggered deal to Greece. This deal would allow the disbursement of additional bailout funds in exchange for a Greek commitment to executing one of the reforms requested by the creditors. On a related note, the European Central Bank increased Greece's allowance to Emergency Liquidity Assistance funds by EUR2.30 billion to EUR83 billion. The news jolted global equities, helping Germany's DAX end the day higher by 2.5%. Furthermore, selling in Germany's 10-yr bund resulted in the first test of the 1.00% level since October. Germany's benchmark yield ended the day below its session high of 1.06%, at 0.98% (+3 bps).
The market ended Thursday on a modestly higher note with the S&P 500 (+0.2%) posting its third consecutive advance. Equity indices rallied out of the gate, hitting their highs during the opening hour of action; however, the market was knocked back into the middle of its range after it was reported that International Monetary Fund representatives left Brussels for Washington due to insufficient progress between Greece and the creditors. Furthermore, IMF spokesman Gerry Rice stressed the continued presence of major differences, saying, "We are well away from an agreement." Despite the continued macro uncertainty, seven of ten sectors registered gains while consumer staples (-0.1%) and energy (-0.4%) spent the day in the red. In addition, technology (-0.1%) turned negative during the afternoon.
Global Market
Asian Markets Close: Japan’s Nikkei +0.1%; Hong Kong’s Hang Seng +1.4%; China’s Shanghai Composite +0.9%
The week closed on a relatively mixed note for markets in the Asia-Pacific region. Most of the larger markets, however, scored modest gains without any real news drivers. Hong Kong’s Hang Seng (+1.4%) led the pack on Friday, but it was the Shanghai Composite that topped all markets for the week with a 2.9% gain.
Economic data
- Japan
- April Industrial Production +1.2% month-over-month (expected +1.0%; prior +1.0%)
- April Capacity Utilization -0.4% month-over-month (prior -1.2%)
- Tertiary Activity Index -0.2% month-over-month (expected +0.4%; prior -1.0%)
- South Korea
- May Export Price Index -3.5% year-over-year (prior -6.0%)
- May Import Price Index -14.6% (prior -17.1%)
Equity Markets
- Japan’s Nikkei increased 0.1% with a push into positive territory just before the closing bell. The technology (+0.9%) and financial (+0.3%) sectors led the way. Minebea (+4.5%), Okuma +3.7%), and Dai-Ichi Life Insurance (+3.3%) topped the list of winners. Osaka Gas Co (-3.3%) paced the decliners. Out of the 225 index members, 96 ended higher, 122 finished lower, and 7 were unchanged. For the week, the Nikkei declined 0.3%.
- Hong Kong’s Hang Seng increased 1.4%, aided by a 1.1% increase in the final two hours of the session. The financial (+1.9%), communications (+1.7%), and consumer non-cyclical sectors (+1.7) were the best-performing areas. China Resources Land (+5.2%), Tingyi Cayman Islands Holding (+3.9%), and Hong Kong Exchanges and Clearing (+3.6%) led individual gainers while Belle Intl. (-1.7%) topped a small group of losers. Out of the 50 index members, 46 ended higher, and 4 finished lower. For the week, the Hang Seng increased 0.1%.
- China’s Shanghai Composite jumped 0.9%, finishing near its best levels of the session. That gain outpaced a 0.5% increase in the CSI 300 index, which is comprised solely of A-share stocks. The consumer cyclical (+1.6%) and consumer non-cyclical (+1.0%) sectors paced Friday’s gains in the CSI 300. For the week, the Shanghai Composite increased 2.9%, leaving it up 12.1% for the month.
- India’s Sensex increased 0.2%, bolstered by strength in the financial (+1.5%), consumer cyclical (+1.0%), and communications (+1.0%) sectors. Tata Power (+3.8%), Bajaj Auto (+3.3%), and ICICI Bank (+2.6%) topped the list of individual winners. Tata Consultancy Services (-2.6%), Vedanta (-2.2%), and Hindalco Industries (-2.1%) were the biggest losers. Out of the 30 index members, 15 ended higher and 15 finished lower. For the week, the Sensex declined 1.3%.
- Australia’s S&P/ASX 200 declined 0.2%, held back by losses in the metals & mining (-0.8%), resources (-0.6%), and materials (-0.6%) sectors. Out of the 200 index members, 75 ended higher, 109 finished lower, and 16 were unchanged. For the week, the S&P/ASX 200 increased 0.9%.
- Regional advancers: Indonesia +0.1%, Singapore +0.2%, Vietnam +0.3%
- Regional decliners: South Korea -0.2%, Taiwan -0.01%, Malaysia -0.02%, Thailand -0.7%
- Closed for holiday: Philippines (Independence Day)
FX
- USD/CNY +0.03% at 6.2083
- USD/INR +0.2% at 64.096
- USD/JPY +0.3% at 123.75
EUROPE
Major European indices trade lower across the board with France’s CAC (-1.1%) leading the decline. Another week has gone by without a deal between Greece and its creditors with state pensions and wages being the main points of contention. European Commission President Jean-Claude Juncker remained optimistic, saying talks with Greece will restart and that a deal is needed in the coming days.
- Eurozone April Industrial Production +0.1% month-over-month (expected 0.3%; prior -0.4%); +0.8% year-over-year (consensus 1.1%; last 2.1%)
- Germany’s May Wholesale Price Index +0.5% month-over-month (prior 0.4%)
- Spain’s May CPI +0.5% month-over-month, as expected; -0.2% year-over-year, as expected
Closing Prices
- UK’s FTSE: -0.9%
- Germany’s DAX: -1.2%
- France’s CAC: -1.4%
- Spain’s IBEX: -1.1%
- Portugal’s PSI: -1.5%
- Italy’s MIB Index: -1.3%
- Irish Ovrl Index: -0.5%
- Greece ASE General Index: -5.9%
Macroeconomic Data
Economic Data
from Briefing.com
- PPI : 0.5% vs 0.5% (Prior -0.4%)
- Core PPI : 0.1% vs 0.1% (Prior -0.2%)
- Michigan Sentiment : 94.6 vs 91.5 (Prior 90.7)
Highlights
- Producer prices increased 0.5% in May after declining 0.4% in April. The Briefing.com Consensus expected the PPI to increase 0.4%.
- Excluding food and energy, core PPI increased 0.1% in May after decreasing 0.2% in April. The consensus expected these prices to increase 0.1%.
Key Factors
- That was the largest one-month increase since a similar gain was recorded in April 2011. Despite the large gain, producer prices are still down 1.1% from a year ago.
- Almost the entire increase in the PPI can be attributed to higher energy costs, and namely higher gasoline prices. Total energy costs increased 5.9% in May after declining 2.9% in April. Gasoline prices jumped 17.0% in May following a 4.7% decline in April.
- Food prices increased 0.8% in May after declining 0.9% in April.
- Year-over-year, core PPI increased a modest 0.6%. There are no direct inflationary pressures that should cause an immediate reaction in core consumer prices.
- Final demand for services was flat after decreasing 0.1% in April. A 0.6% increase in trade margins was offset by declines in transportation (-0.1%) and other (-0.2%) prices.
- Excluding food, energy, and trade, producer prices declined 0.1% in May after increasing 0.1% in April.
- Pipeline pressures remain weak.
- Prices of core processed (-0.2%) and unprocessed (-0.1%) intermediate goods declined in May. That was the ninth consecutive decline in core intermediate processed goods prices.
- Prices of intermediate services demand declined 0.5% in May after a 0.5% gain in April.
Big Picture
- There are no pricing pressures down the producer pipeline. This should keep both consumer and producer price growth in check.
MICHIGAN SENTIMENT
Highlights
- The University of Michigan Consumer Sentiment Index increased to 94.6 in the preliminary June reading from 90.7 in May. The Briefing.com Consensus expected the index to increase to 91.5.
Key Factors
- The bulk of the increase in sentiment likely was a response to stronger job security. The employment data throughout the last few weeks supported a vastly improving labor market. The initial claims level dropped to its lowest level in 15 years as layoff activities virtually halted. The May employment report showed strong growth in payrolls and wages.Higher gasoline costs likely offset some of the gains from employment.
- The Expectations Index increased to 86.8 in June from 84.2 in May. The Current Conditions Index rose to 106.8 in June from 100.8 in May.
- The better-than-expected sentiment reading does not necessarily mean that consumption growth trends will accelerate. Consumption growth relies on income growth. As long as income continues to expand, consumption growth should follow.
Big Picture
- Consumer sentiment has little influence on consumption. As long as payroll levels continue to expand, the resulting income growth should keep consumption gains steady regardless of the monthly ebbs and flows in sentiment.
Market Internals
NYSE:
Lower Volumes than the day before – 648.6M vs 785.3M
Decliners outpaced Advancers (adv/dec): 1077 / 1963
New Lows outpaced New Highs (highs/lows): 46 / 101
NASDAQ:
Lower Volumes than the day before – 1415.1M vs 1600.0M
Decliners outpaced Advancers (adv/dec): 1160 / 1603
New Highs outpaced New Highs (highs/lows): 78 / 31
VOLATILITY S&P500 (VIX)
13.78 +0.93 (+7.24%)
Technical Updates
17,898.84 -140.53 (-0.78%)
Volume: 83,764,868 (below average of 97,953,755)
Range: 17,857.07 - 18,035.83
Range: 17,857.07 - 18,035.83
5,051.10 -31.41 (-0.62%)
Volume: 348,818,064 (below average of 423,117,289)
Volume: 348,818,064 (below average of 423,117,289)
Range: 5,043.24 - 5,067.96
2,094.11 -14.75 (-0.70%)
Volume: 449,503,000 (below average of 522,014,677)
Range: 2,091.33 - 2,107.43
All 3 indices are still moving in a sideway manner, or put in simply - flat. Looking at the technicals, they are held between the support and resistance level. Both DOW and S&P could not do a breakout on their trend line and returned lower. Meanwhile MACD is just reflecting a short term downtrend.
Commodities
Closing Commodities: Crude Closes Below $60/Barrel, Nat Gas Falls Heavily In Late TradeCommodities
- The dollar index saw its early morning strength fade as the session carried on, falling steadily after the release of US econ and consumer sentiment data.
- After its mid-morning sell-off, movements in the dollar were tame, as the index held steady and finished flat at 94.97
- Crude traded in the red all session, as a noticeable lack in trend was driven by over-supply sentiment continued from earlier this week and an unsteady dollar
- The Baker Hughes rig count released mid-session, showed a 7 oil rig drop from last week which kept sentiment from turning positive on the day.
- The July contract ended down 1.3% to $59.93/barrel
- Copper bounced from the flatline in its most recent trade, helping the commodity to close modestly higher as the market continued to weigh potential outcomes associated with this week’s weak Chinese econ data. Copper closed +0.4% to $2.68/lb
- Natural gas sold-off heavily into the close, despite a lack of clear catalysts for the price move. July nat gas closed -2.8% to $2.75/MMBtu
- August gold ended -0.1% to $1179.30/oz and July silver finished -0.7% to $15.84/oz
Energy
- July crude oil futures fell $0.81 to $59.93/barrel
- July natural gas closed $0.08 lower at $2.75/MMBtu
- RBOB Gasoline closed $0.02 lower at $2.12/gallon
- Heating oil futures closed $0.03 lower to $1.89/gallon
Agriculture
- July crude oil futures fell $0.81 to $59.93/barrel
- July natural gas closed $0.08 lower at $2.75/MMBtu
- RBOB Gasoline closed $0.02 lower at $2.12/gallon
- Heating oil futures closed $0.03 lower to $1.89/gallon
Metals
- August gold ended today’s session $0.70 lower at $1179.30/oz
- July silver closed $0.11 lower at $15.84/oz
- July copper closed $0.01 higher at $2.68/lb
Currencies
- Despite the heightened fear in global equity markets, only the Swissy moved more than a third of a percent against the U.S. dollar
- U.S. Dollar Index: -0.05% to 94.93
- USD/CHF fell -0.71% to 0.9272 as the Swiss franc benefited from safe-haven buying
- EUR/USD gained 0.31% to $1.1280, a very impressive performance considering that the Greek 10-year yield spiked 50 basis points and peripheral European debt was showing renewed signs of stress, losing ground against sovereigns of the European core
- Eurozone Industrial Production grew a less-than-expected 0.1% in April after a decline of 0.4% in March. The market was looking for +0.3%
- GBP/USD: +0.31% to $1.5563
- S&P revised the U.K.'s credit outlook to negative from stable. The country's rating was maintained at AAA. The change was a result of the outright victory by the Conservatives in May's general election. David Cameron promised a referendum on EU membership for the United Kingdom during the election, and S&P is worried about the status of Scotland in the event of Britons voting to leave
- S&P also voiced concern with the high current account and budget deficits
- USD/JPY: -0.02% to 123.52
- USD/CAD: +0.24% to 1.23235
- AUD/USD: -0.23% to $0.7753
- NZD/USD: -0.39% to 0.6991
Bonds
Governments Oscillate Between Gains and Losses
- Treasuries sold off this morning after the May PPI was released, then recovered to solid gains on safe-haven demand during the equity sell-off, and then gave back the gains to end unchanged
- Yield Check:
- 2-yr: unch at 0.72%
- 5-yr: unch at 1.73%
- 10-yr: unch at 2.38%
- 30-yr: unch at 3.09%
- 10-year Spanish Bono/German Bund: +18 bps to 144 bps
- News:
- The Producer Price Index rose 0.5% in May after declining 0.4% in April. The Briefing.com consensus expected the PPI to increase 0.4%
- Almost the entire increase in the headline PPI can be attributed to higher energy costs, specifically higher gasoline prices
- It was the largest 1-month increase since a similar gain was recorded in April 2011. Despite the large gain, producer prices are still down 1.1% from a year ago
- Core PPI, which excludes volatile food and energy prices, increased 0.1% in May after decreasing 0.2% in April. The consensus was looking for an increase of 0.1%
- The University of Michigan Consumer Sentiment Index rose to 94.6 in June from 90.7 in May. The Briefing.com consensus called for 91.5
- The labor market has been very strong lately and this likely drove the upside surprise
- The Expectations Index increased to 86.8 in June from 84.2 in May. The Current Conditions Index rose to 106.8 in June from 100.8 in May
- S&P downgraded 4 Greek banks to CCC with a negative outlook. Its opinion is that those banks will default within a year without another agreement between Greece and its creditors
- Greece will submit counter-proposals to its creditors in Brussels on Saturday
- The Producer Price Index rose 0.5% in May after declining 0.4% in April. The Briefing.com consensus expected the PPI to increase 0.4%
- Commodities:
- WTI crude: -1.35% to $59.97/bbl.
- Gold: -0.70% to $1,197.70/troy oz.
- Copper: +0.39% to $2.6795/lb.
- Currencies:
- EUR/USD: +0.03% to $1.1249
- USD/JPY: -0.09% to 123.44
- Week Ahead:
- Monday: June Empire Manufacturing (08:30 ET); May Industrial Production and Capacity Utilization (09:15 ET); June NAHB Housing Market Index (10:00 ET); April Net Long-Term TIC Flows (16:00 ET)
- Tuesday: May Housing Starts (08:30 ET); May Building Permits (08:30 ET)
- Wednesday: MBA Mortgage Index for the week ending 6/13 (07:00 ET); Crude Inventories for the week ending 6/13 (10:30 ET); FOMC Rate Decision (14:00 ET)
- Thursday: Initial Jobless Claims for the week ending 6/13 and Continuing Jobless Claims for the week ending 6/6 (08:30 ET); May CPI and Core CPI (08:30 ET); Q1 Current Account Balance (08:30 ET); June Philadelphia Fed (10:00 ET); May Leading Indicators (10:00 ET); Natural Gas Inventories for the week ending 6/13 (10:30 ET); $7 billion 30-Year TIPS (reopening) (results at 13:00 ET)
- Friday: San Francisco Fed President Williams (FOMC voter) gives policy speech (11:40 ET); Cleveland Fed President Mester (non-FOMC voter) speaks on “Community Development and the Federal Reserve” (12:45 ET)
Treasury Yields:
- 2 Year Note 0.74% +0.01
- 5 Year Note 1.75% +0.01
- 10 Year Note 2.39% UNCH
- 30 Year Bond 3.10% -0.01
2/30 Spread: 236 bps ( -2 ) … 2/10 Spread: 165 bps ( -1 )
Preview for the week Monday 15 June to Friday 19 June, 2015
Economic Data
Monday (15 June) :
- Empire Manufacturing : 6.0 (Prior 3.1)
- Industrial Production : 0.3% (Prior -0.3%)
- Capacity Utilization : 78.3% (Prior 78.2%)
- NAHB Housing Market Index : 56 (Prior 54)
- Net Long-Term TIC Flows : (Prior $17.6B)
- Housing Starts : 1100K (Prior 1135K)
- Building Permits : 1100K (Prior 1143K)
- MBA Mortgage Index :
- Crude Inventories : (Prior -6.812M)
- FOMC Rate Decision : 0.25% (Prior 0.25%)
- Initial Claims : 276K (Prior 279K)
- Continuing Claims : 2270K (Prior 2265K)
- CPI : 0.5% (Prior 0.1%)
- Core CPI : 0.2% (Prior 0.3%)
- Current Account Balance : -$116.4B (Prior -$113.5B)
- Philadelphia Fed : 8.0 (Prior 6.7)
- Leading Indicators : 0.4% (Prior 0.7%)
- Natural Gas Inventories : (Prior 111 bcf)
- No Economic Data
Earnings Highlights
Monday (15 June) :
BMO - MPAA
AMC - CPST PFIE
BMO - MPAA
AMC - CPST PFIE
Tuesday (16 June) :
BMO - FDS JW.A
AMC - ADBE ANFI BOBE LZB
Wednesday (17 June) :
BMO - ATU CCG FDX
AMC - CLC DRC GLPW HGR JBL ORCL PIR
Thursday (18 June) :
BMO - KR RAD
AMC - FNSR RHT SWHC
Friday (19 June) :
BMO - KMX DRI KBH
AMC - None Scheduled
Summary
From my point of view, I reckon the market has not really break out of the trading range. There hasn't been much bullish/bearish trend, which reflecting the lack of leadership in the market. Last week the market was purely pushing up by some dip buying and following with profit taking. I don't think there is much distribution neither accumulation, but rather just short term trading.
Greece's debt situation has not been resolved yet. It has been a dragging issue to the euro and that is going to continue looming the Euro market.
This coming Wednesday will set some tone on the Fed's decision on interest rate. That is going to bring in more volatility to the market. Also we have quite a number of market moving data releasing across the week too.
Greece's debt situation has not been resolved yet. It has been a dragging issue to the euro and that is going to continue looming the Euro market.
This coming Wednesday will set some tone on the Fed's decision on interest rate. That is going to bring in more volatility to the market. Also we have quite a number of market moving data releasing across the week too.
Direction for Monday 15 June, 2015; Down
Direction for the week Monday 15 June to Friday 19 June, 2015; Down
2015 Daily Directional Accuracy: 49/88 (55.68%)
Direction for the week Monday 15 June to Friday 19 June, 2015; Down
2015 Daily Directional Accuracy: 49/88 (55.68%)
2015 Weekly Directional Accuracy: 13/21 (61.90%)
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