Monday, 30 June 2014

Closing Brief

US equities closed moderately mixed, sp -0.9pts @ 1960. The two leaders - Trans/R2K, settled higher by  0.3% and 0.2% respectively. Near term outlook offers the low 1940s (at best).. before new historic highs in mid July. Metals held moderate gains, Gold +$11, whilst Oil slipped  -0.3%.



*I don't much like the attached count on the hourly chart, but that is the best I can come up with.

Certainly though, it seems utterly pointless for anyone to attempt to short the indexes - or go long VIX this week.

Before we know it, it'll be Thursday 1pm..and it'll be a rather long weekend.

Time for kick off... Germany vs Algeria...

a full daily/monthly wrap... later at 8pm EST.