Monday, 17 August 2015

3pm update - bullish break

Regardless of the exact close, the bull maniacs have achieved a clear intraday break above declining resistance... and the key sp'2100 threshold. VIX is confirming the equity swing, having cooled from 14.52 to 13.14. USD is holding moderate gains of 0.3% in the DXY 96.80s



Little to add.

A lousy day to start the week, and from a technical perspective, this is way worse than last Monday's nonsense. For me... I'm writing off the rest of the week.

the evening sky matches my mood...

Summer will be wrapping up in 3-4 weeks... and then its 6-7 months of meteorological gloom. Is it time for clinical depression yet?

back at the close