Thursday 18 December 2014

10am update - huge follow through

US equities are seeing huge follow through, with the sp' already breaking into the 2040s. VIX is naturally on the slide, -14%, in the 16s. Oil is battling to push into the $60s... +1.1%. Metals are holding sig' gains, Gold +$14.... but overall price structure remains bearish.


sp'60min


VIX'daily3


Summary

Suffice to say.... bears had plenty of opportunity to exit across Fri-Tuesday. If I see any whining or 'surprise' at the gains, I won't have much tolerance with any such person.

Huge gains... but more so.... huge buying, especially in energy.
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I'm almost tempted to see what those maniacs on the cesspool that is Zerohedge have to say about today. No doubt... its just the same old crap.
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yours
    NO excuses.