Monday, 4 April 2016

1pm update - did we close yet?

US equity indexes remain in what is increasingly tedious micro (if not nano scale) chop mode, sp -2pts @ 2070. VIX +4% in the 13.70s, but is still clearly subdued, as for the moment, the market doesn't even appear concerned about a basic retrace to the sp'2020/00 zone. Metals are increasingly weak, Gold -$6, with Silver -0.7%.


GLD, daily2


Little to add.

There are some interesting movers out there, but really, its a largely dead day in market land.

notable weakness, miners, GDX -2.2%.. as the metals cool

time for some sun... back at 2'