Monday, 21 July 2014

12pm update - late morning bounce

Equities bounce in late morning, but still... there isn't much real buying interest today. Equity bears just need to take out sp'1965..and a further 10/15pts of downside are viable into the close.


sp'60min


Summary

Not too much to add. VIX is moderately higher, but bears need to see the 14s for things to get mildly interesting by late today.


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VIX update from Mr T.


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time for lunch