Monday, 25 January 2016

12pm update - weakness.. ahead of further upside

US equities remain weak - with viable downside to sp'1870 (along with VIX 26s), but renewed upside looks due later this week... at least to the sp'1940s. With the USD moderately lower, metals are bouncing, Gold +$10, with Silver +1.3%.




Little to add.

sp'1870s would likely equate to VIX 26s. Right now, that seems more probable early tomorrow, than later today.

So.. weakness into early Tuesday.. then UP for rest of the week.

*notable weakness... CAT, -3% in the $58s, but I'll try to cover that one later.

VIX update from Mr T.

time for lunch