Tuesday 24 June 2014

1pm update - more of the same sleepy action

US indexes are broadly still holding minor gains, with the sp'500 at 1965. Metals are battling to hold fractional gains, Gold +$1. VIX is in melt mode, -1%, back in the 10s.


sp'60min


Summary

*Fed official Dudley is due to speak around 2pm...I'd be wary of that one this afternoon. Market wants an excuse to sell lower.
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There really isn't anything much to add.

Hopefully Costa Rica will score... or I'm going to fall asleep.
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.. and WFM is back on the slide, breaking the recent low, -0.7%, $38.90s,
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Lunch time update from Riley



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1.18pm.... ohh the humanity.. the market has slipped to 1960.

First support is around 1955....another 5 entire points lower.