Thursday, 24 April 2014

12pm update - battling it out

Equity bulls are battling hard for a daily close above the opening high of sp'1884. Hourly cycles are set to go positive cycle late today/early the bulls maniacs certainly have things in their favour. Metals are holding the opening reversal gains, Gold +$5, but still..a little shaky.



*busy morning so far..its a battle just to keep up with the comments/email....but always good to hear from you...regardless of bullish..or bearish.

VIX update from Mr T.

time for ..tea.

12.22pm.. minor chop continues..but with underlying upward pressure.

Notable strength: RIG +2.5% in the mid $42s..which is very pleasing to yours truly.