Tuesday, 20 November 2012

Closing Brief

The market saw a recovery in the closing hour, and closed broadly flat, after a minor early afternoon down cycle. The VIX closed a touch lower, and again confirms the complete lack of concern in the immediate time frame.





A day where most of us should have been elsewhere. News from BBY and HPQ, and some comments from Bernanke,  was kinda interesting though.

Its hard to call how tomorrow will go, but underlying near term trend is UP.

Primary target remains the 1410/25 zone by early next week.

bits and pieces across the evening.