Thursday 26 June 2014

12pm update - its game time

US indexes remain moderately lower, and look set for further declines later this afternoon. However, far more importantly, we have another game.. USA vs Germany. No doubt, many - especially those in market land, are going to be taking a two hour lunch break.


sp'60min


Summary

Suffice to say... minor chop..and considering the Tuesday down wave, I'd have to guess we'll see a few more hours of weakness late today..possibly stretching into early Friday.

Regardless, we should renewed upside into the Friday close..when the R2K gets a major rebalancing.

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VIX update from Mr T....who needs a new mic'... and the June'25 date is wrong.



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time for kick off!