Friday 14 February 2014

12pm update - full moon rising

Equities are generally holding moderate gains, with the sp'500 in the mid 1830s..almost a clear 100pts above the level of 8 trading days ago. Metals and the miners are holding significant daily/weekly gains. VIX is merely melting lower into the long weekend.


Valentines moon!

sp'weekly8


Summary

*were the skies clear (its still floods here) I'd be able to see a grand valentines full moon rising over the city.
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Not much to add right now. I think anyone considering any index shorts - or VIX longs, needs to go stare at the weekly'8 chart for the rest of today.

It is probably fair to guess we have at least 2-3 green candles to follow, perhaps a few more than that. Broad upside into the FOMC of March'19..seems likely.
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VIX  update from Mr R.. whilst Mr T. 'escaped to Mexico'



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time for lunch !