Wednesday, 6 April 2016

11am update - minor gains ahead of the FOMC mins

US equity indexes remain choppy, but increasingly leaning to the upside.. ahead of the FOMC minutes (2pm). The sp'2020/15 zone - with VIX 18s, still seem highly probable within the near term. Metals remain weak, Gold -$9, with Silver -0.8%. Oil is +4.0%, and that is clearly helping the broader market mood.




There is an annoying gap zone of sp'2066/62 from yesterday's open, with a serious threat of that being filled, before the next wave lower to the 2020s.

In any case... I ain't closing out.

notable weakness, CAT -1.3%

time for some sun... back at 12pm