sp'daily5
Summary
Well, at least I ain't short.
Market has slipped into algo-bot mode, and bears are merely getting ground down to dust. urghhh.
--
Holding to original outlook...upside into the next FOMC of June'18....sp'1920s..or a little higher.
Thursday, 22 May 2014
11am update - equity bears getting ground down
US equities have seen a fair bit of chop, but the underlying upside is still there. Daily/weekly MACD cycles bode for continued moderate upside into the 3 day weekend. VIX is in melt mode, -2% in the 11.60s. Metals are holding minor gains, Gold +$6
sp'daily5
Summary
Well, at least I ain't short.
Market has slipped into algo-bot mode, and bears are merely getting ground down to dust. urghhh.
--
Holding to original outlook...upside into the next FOMC of June'18....sp'1920s..or a little higher.
sp'daily5
Summary
Well, at least I ain't short.
Market has slipped into algo-bot mode, and bears are merely getting ground down to dust. urghhh.
--
Holding to original outlook...upside into the next FOMC of June'18....sp'1920s..or a little higher.