Monday 28 March 2016

3pm update - tired market

US equities remain in micro chop mode, and look set to remain so until the Yellen appears. As things are, the cyclical setup is far better for the bears than it was last Wed/Thursday. VIX remains broadly subdued, higher by a relatively lame 3% in the 15.20s.


sp'60min



VIX'60min



Summary

... suffice to add, one of those days when I question myself for appearing today.

At least tomorrow.. and the rest of the week will wake everyone up.. one way or another.

back at the close.......