R2K, daily
Summary
*fed beige book due at 2pm...so... we might see a reaction..if very slight, to that.
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Aside from that, its merely another day for the bulls.
VIX is in melt mode..-5% in the 11.30s. A weekly close in the 10s looks likely.
Wednesday, 16 July 2014
2pm update - R2K set to close positive
Whilst the broader market is holding moderate gains, even the R2K is battling for a positive close, above the rather important 1150 threshold. Underlying price action remains outright bullish, not least with new historic highs for the Dow and Transports.
R2K, daily
Summary
*fed beige book due at 2pm...so... we might see a reaction..if very slight, to that.
---
Aside from that, its merely another day for the bulls.
VIX is in melt mode..-5% in the 11.30s. A weekly close in the 10s looks likely.
R2K, daily
Summary
*fed beige book due at 2pm...so... we might see a reaction..if very slight, to that.
---
Aside from that, its merely another day for the bulls.
VIX is in melt mode..-5% in the 11.30s. A weekly close in the 10s looks likely.