Friday 26 October 2012

12pm update - urghh

What to say? Hmm, its a mess, market still trying to find direction. VIX is largely flat, indexes are a touch lower.


 sp'60min



sp'daily5
 




VIX'60min



Summary

I am trying.vainly to ignore the intra-day noise, and focus on the bigger weekly cycle charts that still suggest 1325/00 within the near term.
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How we close today will be critical, but then...isn't that always the case?

back at 2pm