Thursday 6 December 2012

Closing Brief

A choppy day, closing at the highs, it is a pretty disappointing end to the day. The hourly charts are starting to look lousy for the bears, although the VIX managed a green close.


Dow'60min



Sp'60min



Trans


Summary

Another messy trading day, where we remain stuck between 1415/00.

Its pretty annoying, and at times, frankly, a bit boring.

Friday is the monthly jobs data, and its really tough to guess how the market might take it, even if I knew the number that the BLS decides to go with.

back later in the evening, with the usual bits and pieces.
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