Wednesday 28 May 2014

2pm update - new highs....again

The underlying upward pressure is probably starting to surprise even the most bullish of bull maniacs. Weekly charts are offering the sp'1920/25 zone next week, which should equate to VIX 10s. Metals continue to struggle, Gold -$5


sp'weekly8


Summary

Little to add right now.

Even the upside is starting to surprise me, although there remains weakness in the R2K
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