Tuesday 6 May 2014

12pm update - weak equity bears

Equity bears are weak...oh so weak, and even the sp'1860s are now seemingly out of range. It remains a case of higher lows...all the bulls are missing is a new historic high >1897..and that certainly seems viable by late Thursday.


sp'60min


Summary

Little to add. Things will only get interesting once Yellen is sitting in front of the US congress tomorrow morning.

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VIX update from Mr T



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time for lunch