Thursday, 24 March 2016

2pm update - battling to push upward

US equities remain weak, but the hourly MACD cycle is highly suggestive of a short term floor of sp'2022, along with VIX 16.44. Upside across next Monday/Tuesday morning looks probable, back to the 2040s, with VIX 14s, before next rollover.




It sure is pretty quiet out there... but then, that is as it should be.

There is little to add... other than its notable that Oil is clawing upward from the earlier low of $38.33, currently -0.8%.

back at 3pm