Friday, 27 July 2012

1pm update - dow 13000...just great.

Whilst the Sp' is holding still under the 1380 high..the dow is now well above. The consolation is that Rus'2000 and Transports are still well below their 1380 equivalent highs.

VIX is trying to floor, but..nothing definitive yet.


dow'60min



iwm'60min



vix'60min


Summary

Nothing much to add..other than...Gold/Silver are two weak signs for those inflationists/QE3 believers out there.


GLD, daily





More later