Tuesday 3 September 2013

12pm update - Boehner flips over the cart

The bulls were comfortably holding gains...until one of the US political maniacs proclaims he is bullish Syria-war. The headlines indexes have lost half their gains. Metals are benefiting, with Gold +$13, and Oil now +0.25%.


sp'15min


sp'60min


Summary

Its turning out to be a bit of a mess.

Certainly though, I'm still not getting involved. Bears need good follow through, and I just don't see that viable today.

Oh well, we shall see.


VIX update from Mr P.



time to cook!
--

12.23pm... Despite a little more weakness, I'm still guessing the hourly 10MA holds...1637.