Thursday, 28 March 2013

12pm update - new highs

The main market is holding onto moderate gains, and we're now a mere 3pts from a break into the target area of the sp'1570s. VIX is a little lower, back in the 12s. Oil is again higher, whilst the precious metals are again weak, despite a lower dollar.




Not much to say, but the hourly cycles are probably going to churn for much of the day now.

Bears haven't any real hope of a red close, on a 5bn POMO day.

*precious metals remains weak, although its nothing 'significant'. yet.

VIX update from Mr T.

back at 2pm