Wednesday, 13 February 2013

3pm update - messy day..messy close?

A little wave of weakness, and we're back near the lows of the day, although the nasdaq is still green. VIX is kinda interesting, a close >13.50 would offer the bears some small hope of a further challenge to break into the 15s in the near term.


vix'15min


sp'daily5


Summary

Mr Market battling hard to stop even a minute fall of sp' 2pts...laughable really.
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*metals still weak, not that I'm meddling in that. Its a very marginal situation. There is a much larger threat of multi-month upside (along with WTIC Oil) in the weeks..and months ahead.

back after the close