Wednesday 16 January 2013

3pm update - forever stuck?

Well, nothing last forever..and we can't stay stuck around sp'1471/73 all year. VIX remains in the lowly 13s. The dollar is back to evens, with the metals holding onto slight gains. Generally though, its just another quiet day.


sp'60min



vix'60min


Summary

If we break the mid-Sept high of 1474.51...then the short-stops get hit..and the chasers will come in.

It remains a very borderline situation.
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