Thursday 20 December 2012

Closing Brief

The market closed moderately higher, lead once again by the Transports and the Rus'2000 small cap. The higher VIX though, most certainly did not confirm the index gains. The market remains a little twitchy, despite what would normally be a quiet lead into the Christmas trading week.


Dow'60min



Sp'60min



Trans'60min


Summary

A bit of a choppy day, I suppose bears can at least be relieved we didn't break the two day 1448 high - although other indexes have already taken that equivalent level out

It remains the case that until we are back below the recent sp'1413 low, bears can't be confident.
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The usual bits and pieces across the evening.