Tuesday 5 November 2013

12pm update - moderate weakness

The indexes are holding minor declines of around 0.3%, certainly nothing for the equity bulls to get concerned about. Bears still lack general downside power, at best...near term downside to the low sp'1730s..before another wave higher..into the 1800s.


sp'60min



Summary

Well, we ain't up...I guess the bears can say that much today.
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FB is trying to hold the 50 day MA..and battle higher..

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VIX update from Mr T.



Indeed..low volatility for the rest of the year.