Thursday, 28 August 2014

2pm update - the crawl continues

Equity indexes continue to attempt to claw back to positive.. which still seems very viable.  VIX is holding minor gains of 2% in the low 12s. Metals holding gains, Gold +$7. Oil is +0.7%.



Little to add.

I suppose you could argue micro price structure is offering a baby bear flag... with a small wave lower early tomorrow to sp'1985/80 zone.

Regardless...August has arguably been the best month of the year for the bull maniacs. Sept' looks due for further gains.

Notable weakness, coal miners, BTU -2.0%