Wednesday 20 February 2013

3pm update - metals..to the slaughter

Post FOMC press release, and the market remains in a bit of a mood. The dollar is building further gains, and this is adding much pressure on the commodities market, with Oil and the precious metals getting somewhat slaughtered


sp'daily5



vix'daily3



Summary

VIX busting upward...I could do with 17/18..I've a 'dead' VIX call block, that I need resurrecting!

16s look difficult though, never mind that little bit extra.

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*I'll post a full metals update on my other page..after the close !