Monday, 13 August 2012

2pm update - weak afternoon

Trundling mostly sideways, not much going on really.

VIX breaks into the 13s, for the first time since the March low.


sp, daily5b


VIX, daily


Summary

Quiet day. Look for more dynamic moves tomorrow, where a close in the 1380s is viable.

*metals weak, Gold just recently broke lower.