Tuesday 16 June 2015

3pm update - net daily gains

US equity indexes are set to close with moderate net daily gains, in the sp'2090/2100 zone.. along with a VIX in the 15.25/14.75 zone. USD remains holding minor gains, +0.2% @ DXY 95.00. Metals are a little weak, Gold -$4, with Silver -0.6%. Oil is +0.7% around the $60 threshold.


sp'60min



vix'60min


Summary

Well, it will be a day for the equity bears... unless another 'spooky news' Greek headline appears in the last hour.. but that is seemingly unlikely.

Broadly... market is in a holding pattern.. ahead of the FOMC announcement.
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notable strength: NFLX +2.3%.. as the momo chasers can't resist it.. even ahead of the Fed.
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back at the close!