Tuesday 18 March 2014

2pm update - Transports close to a new high

Whilst the sp' is holding the 1870s, the most notable action is in the transports, a mere 0.3% from breaking a new high (>7627). Metals remain somewhat weak, Gold -$6. VIX remains crushed as the market is utterly fearless of.... everything, -9% in the 14.10s.


Trans, daily


Summary

Well, we're sp'1872/73...and remain real close to the upper limit of what the bears can tolerate for the H/S scenario.

At least its not boring, right?
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